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Charles Schwab's CEO Rick Wurster announced that the firm is likely to launch support for spot crypto trading within the next 12 months, driven by increasing client interest and anticipated regulatory changes. A recent surge of 400% in traffic to Schwab's crypto site indicates growing demand among investors.
Charles Schwab is set to introduce spot cryptocurrency trading within the next 12 months, expanding its financial services to include digital assets. This move aligns with the increasing demand for crypto trading platforms among investors.