Schwab plans crypto trading features to stay competitive while warning value could ‘disappear’ – DL News
- Schwab plans to launch spot crypto trading by next year.
- Its website still warns that crypto assets could become worthless.
- Robinhood and Kraken are pushing deeper into crypto-equity services.
Charles Schwab is preparing to launch spot crypto trading features within the next 12 months.
It’s a major shift for the investment platform, which has traditionally taken a cautious stance and still warns on its website that crypto investments carry the risk of becoming entirely worthless.
CEO Rick Wurster told analysts during the firm’s Spring update that Schwab expects to offer spot crypto trading, including Bitcoin, by April 2026, citing growing investor interest and a friendlier regulatory outlook.
“We’re on a great path to be able to do…
