Wall Street Surrenders: Charles Schwab Announces Direct Bitcoin Trading

Charles Schwab, one of the largest financial institutions in the US, has announced direct support for Bitcoin trading. The decision marks an important step in the institutional adoption of cryptocurrencies.

[{"selector":"#anim-1eee985a-28b9-4e57-9fea-f839913fa727","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8af61520-0590-4e98-8524-36cb08b05d49","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The company offers the service to a limited group of clients. The goal is to expand the offering with a focus on gradual and rigorous security.

[{"selector":"#anim-ea649e91-c8e9-435c-a692-f27d8488ee12","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2890631d-b8d1-4602-bb25-cc352e9cb8cb","keyframes":{"transform":["translate3d(-117.79935%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Experts point out that the move could influence other financial giants. The market received the news with optimism and a rise in the price of BTC.

[{"selector":"#anim-28d8f1db-51e4-4cce-b0bc-ff569c4422f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d8e12810-3c9a-4f48-83fc-cf159882d9c3","keyframes":{"transform":["translate3d(-119.34426%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more