Charles Schwab Plans to Launch Direct Cryptocurrency Spot Trading

Charles Schwab is set to introduce direct cryptocurrency spot trading within a year, enhancing client access to digital assets amid evolving regulations in the U.S. This follows previous intentions to incorporate crypto, reflecting a significant development in the firm’s services.

Charles Schwab, a leading financial services firm, plans to launch direct cryptocurrency spot trading within the next year, according to CEO Rick Wurster. This initiative is made feasible by the evolving regulatory landscape in the U.S., enabling millions of Schwab clients to buy cryptocurrencies directly through their brokerage accounts.

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Elena Garcia

Elena Garcia, a San Francisco native, has made a mark as a cultural correspondent with a focus on social dynamics and community issues. With a degree in Communications from Stanford University, she has spent over 12 years in journalism, contributing to several reputable media outlets. Her immersive reporting style and ability to connect with diverse communities have garnered her numerous awards, making her a respected voice in the field.

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