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“We are on the right path to launch direct spot crypto trading thanks to a more favorable regulatory environment,” Wurster said. A 400% increase in traffic to Schwab’s crypto portal highlights the surge in investor interest in digital assets.

Trump Era Regulation Boosts Schwab’s Crypto Vision

Under new leadership from Rick Wurster, Schwab has taken a more proactive stance toward digital assets. The re-election of Donald Trump has renewed hopes for a friendlier regulatory atmosphere to grow crypto services.

In January 2025, Schwab partnered with Trump Media and Technology Group (TMTG) to develop “Truth.Fi”, a platform designed to merge digital assets and traditional finance. This platform will offer alternatives to conventional banking while promoting financial freedom and privacy.

Wurster, who once admitted to owning no cryptocurrency and feeling “silly” about it, now leads one of the most notable transitions from TradFi to crypto integration — signaling a major shift in institutional adoption.

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The post Charles Schwab Plans Spot Bitcoin Trading by 2026 appeared first on Coin Engineer.

Securing a bank charter would enable these companies to legally offer deposit and loan services, aligning them with traditional financial institutions. With increasing scrutiny from regulators, especially in the stablecoin space, obtaining such licenses is seen as a crucial step toward long-term regulatory compliance.

STABLE and GENIUS Acts Reshape the Legal Framework

Two new U.S. legislative proposals — the STABLE Act and the GENIUS Act — aim to define how stablecoins are issued and regulated. While STABLE calls for strict federal oversight, GENIUS proposes a more flexible model that includes both state and federal governance.

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These bills would formally classify stablecoin issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML standards, sanctions checks, and reserve requirements.

A Bank Charter Comes with Opportunity and Risk

A bank charter offers crypto companies a pathway to legitimacy and growth, but also demands strict regulatory compliance. The case of Anchorage Digital, which obtained a federal charter but now faces investigation and high compliance costs, serves as a cautionary tale.

Even so, Federal Reserve Chair Jerome Powell recently acknowledged the importance of creating a legal framework for stablecoins, citing the growing relevance of digital assets in the broader financial ecosystem.

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Hayden Davies Launches Wolf Memecoin: The Result? A Total Disaster!

Hayden Davies, known as the creator of Libra (LIBRA) and Official Melania Meme (MELANIA) tokens, has returned with a new Solana-based memecoin called Wolf (WOLF). On March 8, Davies launched Wolf, aiming to benefit from rumors that Jordan Belfort, known as the Wolf of Wall Street, was launching his own token.

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However, things didn’t go as planned. After its launch, Wolf reached a market cap of $42 million, but 82% of the token’s supply was controlled by a single entity. According to Bubblemaps, who shared data on March 15, this pointed to a pre-planned insider trading operation.

“The bubble map revealed WOLF had the same pattern as HOOD, another token launched by Hayden Davies. Was he behind this one too?” – Bubblemaps

Bubblemaps also reported that Davies transferred funds to 17 different addresses months before the token launches and routed them through two different blockchain networks.

Wolf Lost 99% of Its Value in Two Days!

According to Dexscreener data, Wolf’s market cap, which was $42.9 million as of March 8 at 04:00 UTC, dropped to just $570,000 within two days.

Davies’ move with Wolf came just weeks after the Libra token disaster. Back then, eight insider wallets withdrew $107 million in liquidity, causing a $4 billion market cap wipeout within hours.

Libra Scandal Turns Into a Political Crisis!

Argentine President Javier Milei was heavily criticized after endorsing the Libra token, which triggered impeachment threats. Argentine lawyer Gregorio Dalbon requested an Interpol Red Notice for Hayden Davies, claiming that if Davies remained free, he could escape the U.S. or go into hiding due to his access to large sums of money.

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