US Senators Jack Reed (D-R.I.), Sherrod Brown (D-Ohio), Chris Van Holland (D-Md. ), and Tina Smith (D-Minn.) addressed open letters to digital finance startup SoFi. Several financial regulators requested an examination of SoFi’s cryptocurrency offers. SoFi to Grow Crypto Market Concerns raised in the statement were regarding the company’s plans to grow into the cryptocurrency market. The other concerns were how it handles client cryptocurrency, and its inclusion of the push-and-drop coin dogecoin (DOGE), mentioned in a medium post on the company website. Legislators questioned the digital finance company about how it advertises cryptocurrencies for trade, handles consumer complaints, and The post US Senators Urge Bankers to Consider SoFi Crypto Listings appeared first on Cryptoknowmics-Crypto News and Media Platform .
