{"id":5431,"date":"2025-11-11T23:20:14","date_gmt":"2025-11-11T23:20:14","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/11\/sofi-makes-history-as-first-u-s-national-bank-to-let-customers-buy-bitcoin\/"},"modified":"2025-11-11T23:20:14","modified_gmt":"2025-11-11T23:20:14","slug":"sofi-makes-history-as-first-u-s-national-bank-to-let-customers-buy-bitcoin","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/11\/sofi-makes-history-as-first-u-s-national-bank-to-let-customers-buy-bitcoin\/","title":{"rendered":"SoFi Makes History as First U.S. National Bank to Let Customers Buy Bitcoin"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

SoFi Makes History as First U.S. National Bank to Let Customers Buy Bitcoin<\/a><\/p>\n

<\/div>\n

SoFi Technologies (NASDAQ: SOFI) has become the first nationally chartered bank in the United States to launch crypto services for retail customers.<\/p>\n

The company\u2019s new SoFi Crypto platform allows<\/a> members to buy, sell, and hold Bitcoin (BTC) directly within their bank accounts. The rollout begins Tuesday, with phased access expanding<\/a> to all of SoFi\u2019s 12.6 million customers by the end of 2025.\u00a0<\/p>\n

\u201cToday marks a pivotal moment when banking meets crypto in one app,\u201d said CEO Anthony Noto. \u201cIt\u2019s critical to give our members a secure and regulated way to step into the future of money.\u201d<\/p>\n

Customers can also purchase Ethereum and Solana, with more crypto rolling out in the future.\u00a0<\/p>\n

A regulatory green light for SoFi<\/h2>\n

The launch follows a dramatic reversal in U.S. banking policy. After years of regulatory hesitation under the Biden administration, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) clarified<\/a> earlier this year that nationally chartered banks can offer crypto custody, trading, and settlement services.<\/p>\n

\u201cWe\u2019ve wanted to be a one stop shop for all your financial services needs, and one of the holes we\u2019ve had for the last 2 years was in cryptocurrency,\u201d Noto said<\/a> on CNBC this morning. \u201dThe ability to buy, sell, and hold crypto, we were not allowed to do that as a bank, it was not permissible\u201d<\/p>\n

That change \u2014 part of a broader deregulatory<\/a> wave under President Trump \u2014 has sparked a new phase of institutional adoption.\u00a0<\/p>\n

\n

JUST IN: SoFi became the first national chartered bank to allow #Bitcoin<\/a> and crypto trading. pic.twitter.com\/NRt3xZLHO6<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) November 11, 2025<\/a>\n<\/p><\/div>\n

In May, the OCC\u2019s interpretive letter gave banks the legal clarity needed to handle crypto directly rather than through third-party intermediaries.<\/p>\n

\u201cSoFi went from not being able to offer crypto products as a bank to having the best license a company can have to deliver them,\u201d Noto said<\/a> per Reuters<\/em>.<\/p>\n

Crypto confidence at a \u201cbank level\u201d<\/h2>\n

Unlike fintech platforms or exchanges, SoFi operates under a full national bank charter \u2014 meaning its crypto services are subject to the same oversight and capital requirements as its checking, savings, and lending products.<\/p>\n

That distinction could prove crucial. The bank says 60% of its members who already own crypto prefer trading through a licensed bank rather than a traditional exchange.<\/p>\n

Funds used for crypto purchases will flow directly from FDIC-insured SoFi checking and savings accounts, where deposits earn up to $2 million in coverage. \u201cWhen you\u2019re not putting cash to work,\u201d Noto said, \u201cit\u2019s sitting in an insured account that earns interest \u2014 not idle on an exchange.\u201d<\/p>\n

SoFi\u2019s blockchain and crypto roadmap<\/h2>\n

The bank\u2019s ambitions go beyond buying and selling crypto. SoFi is developing a U.S. dollar\u2013pegged stablecoin and exploring crypto-integrated lending and payment products, part of what it calls a \u201cfull blockchain strategy\u201d to modernize financial infrastructure.<\/p>\n

With major lenders like Charles Schwab and PNC reportedly preparing similar rollouts, SoFi\u2019s move could accelerate the normalization of crypto inside the U.S. banking system.<\/p>\n

This post SoFi Makes History as First U.S. National Bank to Let Customers Buy Bitcoin<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine SoFi Makes History as First U.S. National Bank to Let Customers Buy Bitcoin SoFi Technologies (NASDAQ: SOFI) has become the first nationally chartered bank in the United States to launch crypto services for retail customers. The company\u2019s new SoFi Crypto platform allows members to buy, sell, and hold Bitcoin (BTC) directly within their […]<\/p>\n","protected":false},"author":0,"featured_media":5432,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5431","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5431"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5432"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}