BitLicense Holder SoFi’s Application to Create a National Bank Conditionally Approved by US

BitLicense Holder SoFi’s Application to Create a National Bank Conditionally Approved by US
Acting Comptroller of the Currency Brian Brooks asked for public input into how distributed ledgers might be used for banking services. (Credit: Andriy Blokhin / Shutterstock)

Student loan and financial services provider SoFi’s application to establish a new national bank by the Office of the Comptroller of the Currency (OCC), opening the door for the new bank to custody cryptocurrencies.

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