Charles Schwab said to signal interest in spot crypto trading pending regulatory clarity

seekingalpha05:17

hapabapa/iStock Editorial via Getty ImagesCharles Schwab (NYSE:SCHW), one of the largest U.S. brokerage firms, is mulling whether to enter spot crypto trading, though it's holding off until regulators...

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Schwab (NYSE:SCHW) has delved into various facets of the crypto industry, including rolling out its first-ever crypto-related exchange-traded fund two years ago. In the interview, Wurster admitted that he missed out on the ongoing crypto bull run. \"I have not bought crypto, and now I feel silly,\" he said, Bloomberg reported. In the two weeks after Donald Trump won the U.S. presidential election, bitcoin (BTC-USD) surged about 40%, changing hands at $98.2K at press time. During his campaign, the president-elect had promised to create a Bitcoin Strategic Reserve, fight CBDCs, and defend the right to self-custody.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485257134"}