Tim Cook's last day as Apple's CEO was August 31, ending a 15-year run at the top. John Ternus is now being considered as his replacement, though Apple's crypto asset strategy will depend on more than just who sits in the corner office.
The handoff
Cook is moving into a new role at Apple after stepping down. The company hasn't said what that role is, only that he's staying on. Ternus, who has been with Apple for years, is the name in the mix for the top job, but the board hasn't made a final call.
What the CEO change means for crypto
Apple's approach to crypto assets won't be decided by the CEO alone, according to the article. That suggests the strategy will be shaped by the broader leadership team, the board, and possibly regulatory pressure. For now, the company hasn't announced any new crypto products or changes to its existing stance.
The open question
The big unresolved piece is whether Ternus gets the job and, if he does, how he'll steer Apple's digital asset policy. Cook's new role could also factor in, depending on how much influence he keeps.
Apple hasn't confirmed a successor, and the company's crypto strategy will likely stay under wraps until the new CEO is in place. The board's decision on Ternus is the next concrete thing to watch.
