Gate.io wants to promote cryptocurrency spot trading! The new CEO revealed: Regret not buying coins yet.

The US Financial Service giant - Charles Schwab, has announced that the company is preparing to enter the Cryptocurrency industry, directly providing Cryptocurrency Spot trading services to clients, and is looking forward to an improved regulatory environment in the US after Trump’s administration, paving the way for the company’s Cryptocurrency layout.

Rick Wurster, the incoming CEO of JPMorgan Wealth Management, said in an interview with Bloomberg last Thursday:

When the regulatory environment changes, we will officially enter the Cryptocurrency Spot market. We are confident that this day is coming and we are fully prepared for it.

Rick Wurster is currently the President of JPMorgan Asset Management and will officially take over as CEO on New Year’s Day next year.

Rick Wurster pointed out that Jiaxin Wealth Management’s clients have long been able to participate in the cryptocurrency market through investment vehicles such as ETFs, futures, and closed-end funds, and have achieved good returns. However, the company still hopes to directly provide cryptocurrency investment options to its clients. He added:

Cryptocurrency has indeed attracted many followers, and many investors have earned a lot of money through it. However, I haven’t bought cryptocurrency myself yet. Looking back now, I do regret it a bit.

Although Rick Wurster stated that he has no intention of personally investing in Cryptocurrency in the short term, he is quite pleased to see Jiaxin Wealth Management’s clients exploring Cryptocurrency.

As early as 2021, Jiaxin Financial stated that once it decides to participate in the Crypto Assets market, the company’s approach will be “highly competitive” and will have a “disruptive impact”.

[Disclaimer] There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.

This article is authorized for reprint from: “Block Client”

“Jiaxin Wealth Management wants to promote Spot trading of encryption currency! The new CEO confessed: regret not buying coins yet” This article was first published in “Encryption City”