Key Takeaways:
Charles Schwab Launches Crypto Trading amid Race for Retail Investors
Charles Schwab, one of the world’s biggest asset managers, with $7.13 trillion under management, is planning to offer spot cryptocurrency trading within the next year. Company CEO Rick Wurster took a question on the firm’s strategy during a recent earnings call where he said Schwab is “hopeful and likely” to allow for direct crypto transactions by mid-2026. The launch will cover Bitcoin and Ethereum, placing Schwab among traditional financial giants entering the cryptocurrency space.
The shift arrives as public interest in cryptocurrencies grows. Morgan Stanley recently unveiled plans to ..
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