Charles Schwab plans to offer its clients Crypto Assets investment.

Charles Schwab plans to offer cryptocurrency investments to clients once the regulatory environment improves. President and incoming CEO Rick Wurster stated that the company has provided encryption-related ETFs and futures and is preparing for spot encryption investments. In contrast, competitor Robinhood has already offered encryption services. However, Schwab's clientele is older, with 56% of clients over 60 years old as of 2023, indicating limited encryption demand. (ledgerinsights)

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