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.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed