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$12 trillion Charles Schwab expected to debut spot Bitcoin, Ethereum trading this quarter
Top brokerage Charles Schwab, which oversees over $12 trillion in client assets, is preparing to launch the Schwab Crypto account for buying and selling Bitcoin and Ethereum. Schwab’s spot crypto trading is expected to go live later this quarter, as confirmed by CEO Rick Wurster during an earnings call last year. Schwab plans to roll out its upcoming service in phases. Employees will get early access during an internal testing period, followed by invited clients, before the platform becomes available to all customers. A shift from indirect exposure: Until now, Schwab’s approach to digital assets relied on ... (full story)