Charles Schwab Expands Crypto Services: External Wallet Transfers for Bitcoin & Ethereum Signal New Competitive Phase
Charles Schwab is rolling out external wallet transfers for Bitcoin and Ethereum to eligible clients, moving beyond simple investment account exposure. This responds to growing client demand for control over asset custody and shifts the competitive focus among traditional brokers from offering crypto to controlling the user experience. The firm cautions that crypto assets are not FDIC-insured.
Read More