Charles Schwab President: Will Consider Offering Spot Crypto Trading Once Regulations Change

Charles Schwab President Rick Wurster said in a Bloomberg Radio interview on Thursday that the company will consider offering spot cryptocurrency trading once U.S. regulations allow it, a scenario that is more likely to happen under President Donald Trump.
Rick Wurster said: "When the regulatory environment changes, we will enter the spot cryptocurrency space, we do expect it to change, and we are preparing for that possibility."
He added: "Cryptocurrencies do grab a lot of people's attention, they make a lot of money from it, I haven't bought cryptocurrencies and now I feel stupid." Wurster added that he had no plans to invest in cryptocurrencies for the time being, but he supported Schwab clients who wanted to invest in the space.