Charles Schwab opens waitlist for direct bitcoin and ether trading, targeting Q2 limited launch
The Block
Charles Schwab has launched a waitlist for its new crypto service, enabling direct bitcoin and ether trading starting with a limited Q2 rollout.Summary
Charles Schwab has introduced a waitlist for "Schwab Crypto," a new service allowing clients to trade bitcoin and ether directly through Charles Schwab Premier Bank. The firm plans a limited rollout in the second quarter of 2026, initially testing with employees before expanding to select clients. While the service marks a major shift for the brokerage giant, it comes with significant restrictions: it is unavailable in New York and Louisiana, does not support external crypto transfers, and assets are not protected by SIPC or FDIC insurance.
(Source：The Block)