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Charles Schwab is gearing up to launch spot cryptocurrency trading, signaling a major step in blending traditional finance with digital assets. The move, led by incoming CEO Rick Wurster, hinges on clearer U.S. regulations and could expand access to Bitcoin and Ethereum. This development highlights the accelerating institutional embrace of crypto.
- Charles Schwab’s spot crypto trading plans await favorable U.S. regulations, with Bitcoin and Ethereum as focal assets.
- The initiative, led by incoming CEO Rick Wurster, aims to bridge traditional finance and crypto for retail and institutional investors.
- Bitcoin’s price surge to $87,501 coincides with rising institutional interest and regulatory clarity, fueling market optimism.
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