![]() ![]() (He stepped down at the end of 2020 and is now an adviser to a16z.) Hinman was a member of the SEC leadership around the time that the agency filed the lawsuit against Ripple. His comments sparked a rally in ether’s price and appeared to endorse the broad view of most in the crypto industry that digital assets aren't securities. ![]() Ripple has hit back at this argument by citing former SEC director William Hinman’s 2018 speech in which he said ether is not a security. The case, which has dragged on for more than a year and a half, centers on the SEC’s argument that most cryptocurrencies should be regulated as securities. SoFi cited several key developments, including Coinbase's decision to also add dogecoin, the growing merchant acceptance of the currency, and the steady growth of dogecoin into one of the top cryptocurrencies today. "But when it comes to dogecoin, well… don't hold your breath." SoFi, which offers trading in major cryptocurrencies, including bitcoin and ether, stressed in February that it is "always evaluating the possibility" of adding others. That's a big shift from February when SoFi, in a blog post titled "Dodging the Doge," said it was "watching incredulously" as dogecoin, the meme-inspired cryptocurrency that began as a joke, soared to new highs, propelled in part by Elon Musk's tweets and fans rallying around it on social media. "We are excited to now offer dogecoin on SoFi invest." "Time in fintech moves fast - like dog-years fast," SoFi said in a blog post. The company said Thursday that it has begun offering dogecoin as an investment option to customers, just four months after essentially telling them it'll never happen. SoFi has changed its mind about dogecoin. ![]()
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