U.S. brokerage Charles Schwab (NYSE: $SCHW) has launched spot cryptocurrency trading services for retail investors in the U.S.
The firm, which manages $12 trillion U.S. of assets, says that individual investors can now trade Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), and other digital assets on its “Schwab Crypto” platform.
Texas-based Charles Schwab already offered crypto investments through exchange-traded funds (ETFs) and futures trading.
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But this is the first time that clients can trade specific cryptocurrencies such as Bitcoin. Charles Schwab is one of the largest brokerages in the world with 35 million clients globally.
The ability to directly trade crypto through a company…
