On April 4, American brokerage giant Charles Schwab announced that it plans to launch cryptocurrency spot trading services in the first half of 2026 through its banking subsidiary, supporting the buying and selling of Bitcoin and Ethereum.

According to reports, the service will be provided through the “Schwab Crypto” account. A customer waitlist is already open, and users must already hold a Schwab securities account in order to apply. The company’s CEO, Rick Wurster, said the move is intended to respond to customer demand and integrate digital assets with traditional assets such as stocks and bonds into a unified account view.

Notably, this crypto business will be operated by the banking subsidiary. The related assets are neither protected by the Securities Investor Protection Corporation (SIPC) nor insured by the Federal Deposit Insurance Corporation (FDIC). In addition, the service will not initially cover certain U.S. regions, including New York and Louisiana.

At present, Schwab has already offered crypto-related products such as Bitcoin ETFs and futures. With the launch of direct spot trading, the market generally believes this move will further promote the integration of crypto assets into the mainstream financial system and may put potential pressure on the fee structures of native crypto trading platforms such as Coinbase. #Gate广场四月发帖挑战