Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do.
The incoming chief executive of banking and investment giant Charles Schwab, Rick Wurster, said the company is planning to offer spot crypto trading once regulations in the United States make it easier to do so.
He also admitted feeling silly that he has yet to purchase any digital assets. “Crypto has certainly caught many’s attention, and they’ve made a lot of money doing it,” he said in an interview on Bloomberg Radio on Nov. 21, before adding:
He added that he was not planning on investing in crypto at the moment but wanted to support Schwab clients who wish to do so, stating that the firm is anticipating positive changes to the regulatory environment in the United States.
