Charles Schwab To Launch Bitcoin, Ethereum Trading Services

Charles Schwab (NYSE:SCHW), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) trading services for its retail clients.

What Happened: The announcement was made by Schwab CEO Walt Bettinger during a conversation with CNBC on Friday, where he said, “We also anticipate launching Bitcoin and Ether sometime soon so that our clients have access to that… They really want to bring it back to Schwab because they trust us. They want it to sit alongside their other assets.”

Bettinger noted that a significant number of Schwab clients currently hold a small portion of their crypto, typically 1–2%, at “digital native firms” but prefer consolidating …

Full story available on Benzinga.com