TechFlow News, April 17: According to a Decrypt report, Rick Wurster, President and CEO of Charles Schwab, stated that the company may offer prediction market services in the future—but will focus exclusively on financial-event-related contracts, such as those tied to inflation, while avoiding themes like pop culture, politics, and sports.
Earlier, Charles Schwab announced it would launch Bitcoin and Ethereum trading services within the coming weeks, with a flat transaction fee of 0.75% per trade. The company also plans to gradually expand its cryptocurrency business, including enabling digital asset deposits and withdrawals, and broadening the range of supported tokens.
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