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Charles Schwab CEO: It is expected that relevant regulations will eventually allow the provision of spot crypto services on the platform

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2025-01-24 19:48:34
Rick Wurster, chief executive of Charles Schwab, told analysts on a conference call this week: "We do want to be able to offer spot cryptocurrency services, and we expect cryptocurrency regulations will eventually allow us to do so."
The Financial Times reported that the SEC later on Thursday overturned guidance known as SAB 121, potentially opening the door for Wall Street banks to take custody of cryptocurrencies.
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