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DFS Grants Virtual Currency and Money Transmitter Licenses to Sofi Digital Assets, LLC
December 03, 2019

ALBANY, New York, Dec. 3 -- The New York State Department of Financial Services issued the following news release:

Financial Services Superintendent Linda A. Lacewell today announced that the New York State Department of Financial Services (DFS) has approved the application of SoFi Digital Assets, LLC, a wholly owned subsidiary of Social Finance, Inc., for virtual currency and money transmitter licenses.

"DFS is committed to fostering innovation in New York's vibra . . .

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