Charles Schwab & Co. is a budding cryptocurrency convert and will enter the market in a big, 'disruptive' way, says its CEO--but not before the SEC says it barks or quacks

The $7-trillion Westlake, Texas brokerage previously said its RIAs were indifferent to digital assets ; now Schwab CEO Walt Bettinger admits clients are excited. .

Author Oisin Breen April 24, 2021 at 3:04 AM

3 Comments

Walt Bettinger: We recognize well what's going on.

Walter Bettinger

Charles Schwab & Co.

Greg O'Gara

cryptomato

April 24, 2021 — 7:10 AM

But Clayton has no authority to declare BTC a non-security. In fact, SEC has not declared BTC officially a non-security, neither is ETH a non-security. So please dear authors do your research before publishing - then you will find out that Clayton and his fellow SEC commissioner Hinman profited from BTC and ETH while in office and after leaving office. Of course it's a gigantic conflict of interest that's about to be discovered. U.S. courts won't look away.

Brooke Southall

April 24, 2021 — 6:48 PM

I believe we're talking about whether Gary Gensler will give guide to about whether the SEC will treat bitcoin as as security for regulatory puposes.

Cryptonite

January 7, 2022 — 6:17 AM

I agree w/ Hester Peirce in that SEC should give a grace period for all cryptos to play the field. At the end, their behaviors will identify who’s security or currency, and the office will then act accordingly with punishment or rewards as it sees fit.

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