PANews reported on April 3rd that, according to Crowdfund Insider, traditional brokerage Charles Schwab will launch a new "Schwab Crypto" account on its platform, allowing users to directly trade Bitcoin and Ethereum. The account is provided by a system built by Charles Schwab Premier Bank, SSB, and will be available nationwide except for New York and Louisiana. Previously, Schwab only offered SEC-approved crypto-related ETFs. The report also mentioned that Schwab is one of the co-founders of the institutional-grade crypto exchange EDX Markets, with other investors including Citadel Securities and Fidelity Digital Assets.