So, Rick Wurster—yes, the guy steering the giant ship that is Charles Schwab Corp—is apparently daydreaming (or plotting) about letting you trade actual spot Bitcoin by April 2026. That’s like, the financial equivalent of finally letting your grandmother have a TikTok account.
Our insider gossip source, RIABiz, whispers that Rick is all hyped because Schwab’s crypto website traffic shot up by 400%. Which roughly translates to either “people are curious” or “we accidentally linked to a cat video.”
Rick had this to say, presumably while looking hopeful but also slightly confused about the whole internet thing:
“Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto. Our goal is to do that in the next 12 months, and we are on a great path to be able to do that.”
Translation: “We’re almost cool enough now to join the crypto party, but like, don’t expect us to dance properly just yet.”
The Schwab Shuffle: Crypto Edition
Freshly minted CEO Rick Wurster took over in 2025, and back in a November 2024 gab with Yahoo Finance, he let slip that Schwab is basically the new kid who wants to hang out with the crypto crowd but needs a referee (aka regulators) to blow the whistle.
Then—plot twist!—Donald Trump wins re-election (because life loves a good drama), and suddenly Schwab thinks the stars are aligning for a friendlier crypto playground.
Oh, and Rick admits he’s not hodling any crypto himself, which honestly is the financial equivalent of a chef who hates eating food. He confessed feeling a bit “silly” for not jumping on the Bitcoin rollercoaster earlier, but hey, maybe he was just waiting for his Star Wars trilogy to finish first.
big tech and the ever-looming woke overlords.
So buckle up, crypto fans—Charles Schwab might just hop on the Bitcoin train, but it’ll be fashionably late… like 2026 late.
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2025-04-19 22:57