Charles Schwab launches crypto platform for eligible U.S. investors

U.S. financial giant Charles Schwab has launched Schwab Crypto, a cryptocurrency trading platform for eligible retail investors, The Block reported. The platform will initially support Bitcoin and Ethereum trading for investors in the U.S., excluding those in New York and Louisiana. The trading fee is set at 0.75%. Charles Schwab holds $11.77 trillion in assets under management and has 39.1 million brokerage accounts.