Bitman on Nostr: Charles Schwab's new CEO has revealed he feels "foolish" for not buying Bitcoin ...
Charles Schwab's new CEO has revealed he feels "foolish" for not buying Bitcoin sooner.
The company has been planning to enter this market since 2021, but has not done so until now due to regulatory concerns.
In their view, the regulatory environment is changing to a more favorable one from 2025 onwards in the US.
Like them, other institutional players are also expected to position themselves positively on Bitcoin and digital assets due to the change in the regulatory landscape.
Things are changing quickly and those who don't adapt will be left out, or at the very least, will arrive too late compared to the competition.
Each of these institutions will capitulate: banks, hedge funds, payment intermediaries and eventually, states.
Are you paying attention?
Published at
2024-11-22 15:48:57Event JSON
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"content": "Charles Schwab's new CEO has revealed he feels \"foolish\" for not buying Bitcoin sooner.\n\nThe company has been planning to enter this market since 2021, but has not done so until now due to regulatory concerns.\n\nIn their view, the regulatory environment is changing to a more favorable one from 2025 onwards in the US.\n\nLike them, other institutional players are also expected to position themselves positively on Bitcoin and digital assets due to the change in the regulatory landscape.\n\nThings are changing quickly and those who don't adapt will be left out, or at the very least, will arrive too late compared to the competition.\n\nEach of these institutions will capitulate: banks, hedge funds, payment intermediaries and eventually, states.\n\nAre you paying attention?",
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