$11.6 Trillion Asset Manager Charles Schwab Confirms Crypto Trading Timeline
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- Schwab CEO Rick Wurster said the $11.6 trillion brokerage will let clients trade spot Bitcoin and Ethereum in the first half of 2026
- New 2025 guidance from the OCC and FDIC lets U.S. banks offer custody, trading and even stablecoin services without advance approval if controls are in place
- Analysts said Schwab’s move signals regulated institutions now see enough clarity to build crypto desks instead of waiting on pure-play exchanges
Charles Schwab will switch on spot cryptocurrency trading in the first half of 2026, CEO Rick Wurster told investors on Nov. 5. The plan is to offer direct, in-platform access to Bitcoin and Ethereum, giving millions of brokerage customers a way to buy the two biggest digital assets inside an environment they already trust.
Coming from a company with $11.59 trillion in client assets, the announcement is one of the clearest signs yet…
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In This News
Coins
$ 67.23K
-4.28%$ 1.87K
-5.66%$ 0.0334
$ 0.631
$ 0.000896
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