Schwab To Launch Bitcoin Spot Trading
Rick Wurster, CEO of Charles Schwab announced they are targeting April of 2026 for rolling out spot trading for Bitcoin and other crypto to their clients. This continues the shift for the financial services giant that manages over $7 trillion in assets. Schwab’s entry into crypto spot trading could be a game-changer for the industry. As the US continues to shift the crypto regulation and clear the path more and more financial institution will be coming on board and expanding into this industry.
Binance Advising Countries on Bitcoin
The CEO of Binance confirmed that he is advising countries on how to the US on adopting Bitcoin as a strategic reserve asset. Binace, world’s largest crypto exchange is advising several governments on developing regulations for crypto and creating their own Bitcoin reserves. CEO Teng says they have “been approached by quite a lot” of countries seeking for help to develop regulatory frameworks to govern the industry.
Corporations Increase Bitcoin Adoption
Bitwise just published a report showing the number of public companies that are adopting Bitcoin. Amazing!!
Quick Hits
- Swiss supermarket chain Spar begins to accept Bitcoin payments via Lightning network.
- Arizona one vote away from allowing the state to hold Bitcoin as a reserve asset.
- Bitcoin Treasury AB set to got pubic and become Europe's MicroStrategy.
- UK firm Abraxa Capital buys 2,900 Bitcoins worth $250 million.
- Saylor announced Strategy will buy more Bitcoin tomorrow.
