# Charles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients.

*fintech · news · 2026-04-19 · CryptoSlate*

## Key points

- Charles Schwab will offer direct Bitcoin and Ethereum trading to 39 million U.S. clients soon.
- Crypto in Schwab's platform will not have FDIC or SIPC protection, unlike traditional assets there.
- Deposits and withdrawals of outside crypto will be disabled; only Schwab-purchased assets can be traded.
- Paxos will manage crypto execution and sub-custody, with New York and Louisiana residents excluded at launch.
- The integration blurs the distinction between fully protected traditional assets and uninsured cryptocurrencies in familiar brokerage interfaces.

**Companies:** Charles Schwab, Robinhood, Coinbase, Paxos
**Countries:** United States

[Read the full story on CryptoSlate](https://cryptoslate.com/charles-schwab-is-bringing-bitcoin-to-its-39-million-clients-but-without-the-protections-they-expect/)

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