The post Morgan Stanley CEO Signals Crypto Move In Partnership With US Regulators appeared on BitcoinEthereumNews.com.

The recent appointment of Ted Pick as CEO of Morgan Stanley has sparked fresh discussions in the finance sector on his openness to exploring crypto. The banking giant is giving serious thought to getting into the digital currency industry, which shows that traditional finance is starting to see digital assets differently. Regulatory Collaboration At The Core Pick pointed out in a recent appearance to the World Economic Forum in Davos the bank’s dedication to cooperation with US authorities. Any venture into cryptocurrency, he underlined, should be handled carefully and in line with current laws. “For us, the equation is really around whether we, as a highly regulated financial institution, can act as transactors,” Pick said during a CNBC interview with Andrew Ross Sorkin. Morgan Stanley has long cooperated with regulators, but in this case, it is the navigation of the labyrinthine rules of Bitcoin and digital assets that is being put under scrutiny. The bank is keen on balancing its desire for innovation with its reputation for a robust risk management system. Morgan Stanley CEO says bank will work with U.S. regulators on offering crypto My thoughts, I feel for those who still see crypto as Monopoly money. They still haven’t grasped the transformative potential of WEB3 protocols in decentralized finance. It’s not just about… pic.twitter.com/8GQ49mg3P6 — Angelica Saldaña S.T.B.❤️‍🔥 (@AngelofYHVH) January 23, 2025 Responding To The Changing Financial Landscape Pick’s remarks underline how crucial digital resources are becoming for the global banking system. From specialized investments to mainstream financial tools, cryptocurrencies have evolved and major entities such as Morgan Stanley have to carefully study their approach. The bank’s investigation on digital currency products shows its will to stay competitive. To satisfy growing customer demand, several financial institutions are starting to include digital asset services. The arrival of Morgan Stanley…

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Filed under: News - @ January 25, 2025 3:20 am