Schwab Brings Crypto to 38M Users; North Korea 'Simply' to Blame for Recent DeFi Hacks
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CoinDesk
4.7 • 698 Ratings
🗓️ 24 April 2026
⏱️ 15 minutes
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| 0:00.0 | When I really think about who's to blame for this, it's simply North Korea. |
| 0:04.0 | And I think to myself, all right, what are the things we can do from a national security perspective, right, to go after these hackers? |
| 0:11.7 | And in part, you know, I think the playbook is there. |
| 0:14.8 | We combine offensive cyber with also building those defenses. |
| 0:19.7 | We leverage every diplomatic tool we possibly have. |
| 0:29.2 | Welcome to the policy protocol, a brand new show from CoinDess that gives you a bite-size |
| 0:35.3 | overview of all the happenings in crypto law and policy from the |
| 0:39.1 | past week. This is your espresso shot of everything you need to know to be in the know. |
| 0:46.2 | I'm Renato Marietti. I'm here with my co-host, Rebecca Reddick, C-O-O and CLO of Gito Labs. |
| 0:52.9 | And let's get right to our hot topic of the week. It is remarkable, |
| 0:57.9 | Rebecca. What happened this week with Schwab Crypto? I mean, I can't believe that we now have |
| 1:04.3 | videos coming out from Schwab talking to their customers about Bitcoin as a potential investment. |
| 1:11.7 | It is really amazing. |
| 1:13.7 | And, you know, one of the things we've talked about a lot in crypto is we want to bring |
| 1:17.3 | millions on chain. |
| 1:18.8 | And the one entity that is seemingly doing it, and I'll give some stats about Schwab's |
| 1:24.0 | customers, is a Tradfye player. |
| 1:26.2 | So Schwab has, I think, 38 and a half, it's been reported, |
| 1:30.3 | 38 and a half million active brokerage accounts. It has total client assets of like almost |
| 1:38.4 | $12 trillion in there. They have banking accounts. They have all sorts of types of customers who do all sorts |
| 1:46.6 | of types of things with their assets. And so that this is available to nearly 40 million |
| 1:52.5 | brokerage accounts. I mean, numbers should go up. But that the price action aside, I really think |
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