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Charles Schwab Launches Schwab Crypto Accounts for Bitcoin and Ethereum Trading
Charles Schwab introduced spot cryptocurrency trading capabilities on Tuesday for approved retail investors across the United States. This new offering allows qualified users to purchase Bitcoin and Ethereum directly within the brokerage environment. The company restricted availability in New York, Louisiana, and U.S. territories while prohibiting international client participation. The company announced that investors need to establish a “Schwab Crypto” account for Bitcoin transactions. Eligibility requires maintaining an active Schwab brokerage account beforehand. The brokerage restricted eligible account ... (full story)
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