Financial giant Charles Schwab will begin offering direct spot Bitcoin and Ethereum trading through its Premier Bank subsidiary via the new Schwab Crypto platform. The launch follows two key regulatory changes: the SEC's January 2025 rescission of SAB 121 and the OCC's March 2025 reaffirmation of crypto custody rights for national banks. CEO Rick Wurster cited surge in client demand, with March 2026 research characterizing Bitcoin as a 'matured mainstream asset.' The service will launch in Q2 2026 with a phased approach, starting with employees and early-access registrants. The platform will be available across all US states except New York and Louisiana.