What is the impact of Charles Schwab entering the crypto market?

1 answers

• Feb 18, 2022 · 3 years ago
  As an expert in the crypto industry, I can say that Charles Schwab's entry into the market is a significant development. It shows that even traditional financial institutions are recognizing the potential of cryptocurrencies. This could lead to increased adoption and acceptance of digital assets by the mainstream. However, it's important to note that Charles Schwab is not the only player in the crypto market. There are already several established exchanges and platforms that cater to cryptocurrency trading. While Charles Schwab's entry may bring more attention to the market, it's unlikely to have a major impact on existing players like BYDFi, who have been serving the crypto community for quite some time now.
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