Tina Smith Usa Digital regulation Nov banking Tina Smith Usa

Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline

Reading now: 634

Chairman of the United States Senate Banking Committee Sherrod Brown and three other Democratic committee members sent letters Nov.

21 to federal officials and to Anthony Noto, president of SoFi Technology. They expressed concern about the online bank’s efforts to conform to Federal Reserve Board requirements and nonbank digital asset trading activities conducted through SoFi Digital Assets.In the letter to Noto, Sherrod, along with Sens.

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News