According to WuSay, Charles Schwab President and incoming CEO Rick Wurster said the company plans to provide cryptocurrency investment services directly to clients and is currently waiting for the regulatory environment to improve.
Schwab’s clients have participated in the crypto market through tools such as ETFs, and the company hopes to further expand its services. Previously, Schwab invested in the crypto exchange EDX Markets and launched the Crypto Thematic Index ETF (STCE), demonstrating its open attitude towards the crypto industry.