Charles Schwab to Launch Spot Crypto Trading Platform: A Major Move for Industry Participation

A major player in the financial world, Charles Schwab, is set to disrupt the cryptocurrency market with its upcoming launch of a spot crypto trading platform. The move comes after CEO Rick Wurster announced plans during the company’s Spring Business Update, signaling that Schwab will introduce direct spot crypto trading within the next year. The timing aligns with a favorable regulatory landscape for crypto in the US, according to Wurster.