Charles Schwab CEO eyes spot Bitcoin trading by April 2026
From Cointelegraph
April 19, 2025 3:45:00 pm:
Charles Schwab Corp CEO Rick Wurster eyes April 2026 for spot Bitcoin trading launch. A 400% surge in visits to Schwab’s crypto site reflects growing investor interest in digital assets. Wurster hopes to launch direct spot crypto trading within 12 months, aligning with TradFi institutions embracing crypto products. Schwab CEO previously regretted not investing in cryptocurrency.
Under new CEO Rick Wurster, Schwab aims to offer direct crypto trading pending positive regulatory developments. Post-Trump re-election, Schwab anticipates a better regulatory landscape for expanding digital asset services. Wurster, who previously admitted to not owning any cryptocurrency, expressed regret for missing out on investment gains in the nascent asset class.
In January 2025, Charles Schwab partnered with Trump Media for customized ETFs and crypto services in the upcoming “Truth.Fi” platform. Truth.Fi will combine digital assets and traditional financial services as an alternative to legacy banking. TMTG CEO Devin Nunes aims to address concerns about unfair banking practices and censorship by big tech and corporations.
Read more at Cointelegraph: Charles Schwab CEO eyes spot Bitcoin trading by April 2026