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Charles Schwab, a financial services giant, is gearing up to launch a spot crypto trading platform within the next year. CEO Rick Wurster highlighted a surge in crypto interest, with a 400% increase in traffic to their crypto site.
- Charles Schwab aims to launch spot crypto trading within 12 months, targeting 2026 for full rollout.
- The firm saw a 400% increase in crypto site traffic, with 70% of visitors being potential new clients.
- Joe Vietri, former head of branch network, appointed as Schwab's inaugural 'head of digital assets' to lead crypto strategy.
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