🔥 Schwab Eyes Crypto Trading!
CEO Rick Wurster says Schwab will soon offer Bitcoin & Ethereum trading following strong client demand and to compete with Coinbase.
This move comes after President Trump signed the GENIUS Act, the first U.S. crypto regulation law. GENIUS sets rules for stablecoins and AML compliance.
Wurster noted clients want to consolidate crypto with Schwab, which manages $10.8T in assets. With $25B already in crypto ETFs, Schwab aims to capture spot market share.
📈 Crypto adoption is growing fast, and Schwab is joining the race.