Overview
- Charles Schwab, which confirmed Friday it is on track for a first‑half launch, opened a waitlist for a new Schwab Crypto account.
- Clients will be able to buy and sell Bitcoin and Ethereum inside their brokerage setup through Charles Schwab Premier Bank without using a separate crypto wallet.
- Rollout will proceed in stages that start with employee testing and move to invited clients before wider access.
- Eligibility is limited, with New York and Louisiana excluded and not all applicants qualifying.
- Key details such as fees and phase dates are still undisclosed, while Schwab’s roughly $12 trillion in client assets positions it to challenge crypto‑native rivals.