Morgan Stanley CEO Ted Pick recently stated that the bank will collaborate with U.S. regulators to explore its potential involvement in cryptocurrency markets. Pick emphasized that the focus is on determining if the bank, as a highly regulated institution, can safely engage in digital currency transactions. He highlighted the bank’s intention to work with the Treasury and other regulators to ensure secure participation in the crypto space. Morgan Stanley has been a pioneer in crypto within wealth management, offering bitcoin funds and ETFs to wealthy clients. However, under the Biden administration, banks are limited to trading bitcoin derivatives, not holding physical bitcoin, a point also emphasized by Goldman Sachs CEO David Solomon.
XRP, the native token of Ripple Labs, is gaining massive attention from long-term holders despite…
The crypto market has recently experienced a vast downturn, with most important projects such as…
The US markets are experiencing one of the massive pullbacks, with major stocks plunging by…
PEPE hopped its way to a $3.8 billion market cap, but its reign as a…
Ripple’s (XRP) recent rally from $2.00 to $2.20 has sparked excitement among cryptocurrency enthusiasts. This…
The crypto circus has a new ringmaster: Influencer Pepe (INPEPE). This Pepe-the-Frog-inspired token is making…
