Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve – Featured Bitcoin News
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In 18 months, investment firm Charles Schwab has 180’ed on the idea of offering cryptocurrency to its clients. Previously, the firm warned that cryptocurrencies were a purely speculative instrument. But now, based on client demand, it’s ready to make a move. “If the company decides to participate in the crypto market
Read MoreThree of the largest asset managers are diversifying their funds to hold blockchain stocks, throwing more establishment financial might behind bitcoin’s technology.Charles Schwab has begun purchasing shares of Riot Blockchain, joining Fidelity and Vanguard – already investors in Riot, HIVE Blockchain Technologies, Hut 8 and BC Group – in allocating
Read MoreDespite an exceptional performance by cryptocurrencies, especially Bitcoin(BTC)trade which has beaten essentially all other forms of assets to excel as a lucrative investment, some investors and analysts are still shying away from the crypto business.According to Walt Bettinger, the CEO of Charles Schwab – one of the most prestigious and
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