Charles Schwab to Launch Spot Crypto Trading, Entering Digital Currency Market

Charles Schwab’s CEO has announced plans to offer spot cryptocurrency trading, marking the company’s entry into the rapidly growing digital asset market. This move signifies a significant expansion for the financial services giant as it seeks to tap into the potential of cryptocurrencies and cater to evolving customer demands. Schwab is positioning itself to become a major player in the crypto space, potentially impacting investor portfolios and challenging existing competitors.