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07/23 07:22

In an interview on CNBC’s Money Movers show, CEO Rick Wurster stated that Schwab is ready to compete directly with Coinbase.
Wurster emphasized that if customers buy their crypto on Coinbase, Schwab wants them to bring those assets back to Schwab.
This shows Schwab’s seriousness in entering the highly competitive crypto market. Schwab hopes to attract customers who are currently using other platforms to invest in crypto.
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