Charles Schwab to Launch a Trading Platform Next Year
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Charles Schwab, a leading US brokerage firm, announced plans to launch a digital asset trading platform next year.
This move underscores Schwab’s trusted position in traditional finance and highlights the growing demand for cryptocurrency investment options.
CEO Rick Wurster expressed optimism about upcoming regulatory changes that could facilitate crypto trading and investment services for customers. If Schwab launches its spot crypto trading platform, it will compete with major platforms like Coinbase and Binance.
By introducing direct crypto trading, Schwab aims to expand its presence in the crypto market. Wurster noted increasing interest in the company’s current crypto products, particularly crypto ETFs and Bitcoin futures.
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