Charles Schwab Expands into Digital Assets

Financial services giant Charles Schwab has appointed Joe Vietri as the new head of digital assets, signaling a strategic move to expand its cryptocurrency offerings. With $10 trillion in client assets, Schwab plans to develop a comprehensive crypto strategy, including potential products like spot cryptocurrency trading, anticipating regulatory changes under President Donald Trump’s crypto-friendly administration. This move reflects the growing demand for trusted crypto services among investors.

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