Absolutely! Here’s a quick 3-bullet summary of the rewritten article:
- Charles Schwab plans to launch spot Bitcoin trading by April 2026, with CEO Rick Wurster citing growing investor demand and a shifting regulatory climate.
- Schwab partnered with Trump Media & Technology Group to develop crypto services for “Truth.Fi,” a platform blending digital assets with traditional finance.
- Wurster expects a more favorable regulatory environment under Trump’s second term, and admits he regrets not investing in crypto earlier.
Things are heating up over at Charles Schwab, and Bitcoin’s right in the center of it.
According to a recent report from RIABiz, Schwab’s CEO Rick Wurster has his sights set on spot Bitcoin trading—and if all goes to plan, it could roll out to Schwab clients by April 2026. It’s cautious optimism, sure, but optimism nonetheless.
“Our expectation is that with the changing regulatory environment, we are hopeful—and likely—to launch direct spot crypto,” Wurster said. “We’re on a great path, and our goal is to make that happen in the next 12 months.”
The move would mark a big leap for Schwab, which has historically taken a pretty careful approach to crypto. But that’s changing fast.
TradFi Tiptoes Into Crypt, and Then Some.
Since taking over in early 2025, Wurster has been slowly but steadily nudging Schwab deeper into the digital asset world. Back in a November 2024 interview with Yahoo Finance, he said the firm was ready to offer crypto services but had been waiting on regulatory clarity.
Well, that clarity may finally be coming. And the timing? Not a coincidence.
Following the re-election of Donald Trump, Wurster said Schwab is expecting a more favorable regulatory environment—one that’ll allow legacy finance to offer crypto trading without tiptoeing around compliance landmines.
Interestingly, Wurster himself doesn’t hold any crypto yet. He’s admitted as much, even saying he feels “a little silly” for not investing earlier—considering the returns. Honestly? He’s not alone there.
Schwab + Trump Media = Truth.Fi?
In January 2025, Schwab made headlines after teaming up with Trump Media & Technology Group (TMTG)—yep, that Trump Media—to develop crypto products for a new platform called Truth.Fi.
The idea behind it? A sort of hybrid financial ecosystem—digital assets plus TradFi—built as an alternative to what some see as a broken or biased traditional banking system.
Devin Nunes, who serves as both TMTG CEO and a White House official, called it a response to what he described as unfair practices in banking and finance—stuff like censorship, debanking, and privacy overreach from Big Tech and “woke corporations,” his words, not ours.
