Morgan Stanley Explores Crypto Services Amid Regulatory Talks
Morgan Stanley is taking a proactive attitude towards the growing cryptocurrency market. The bank obviously plans to work closely with the US Treasury and other regulators to ensure that they can provide encrypted services.
In the recent CNBC interview, Ted Pick, CEO of Morgan Stanley, shared his views on the status of cryptocurrency under the leadership of the Trump administration and the bank’s cryptocurrency plan.
Morgan Stanley plans to encrypt services, focusing on regulatory compliance
Pique talked about a broader impact of the surge in cryptocurrency activities, including the rise of speculative assets. Asked New Trump and Melania emoticons coinsHe pointed out that the liquidity of the crypto market is increasing.
“Well, I think there is a liquidity, and the liquidity can be expressed in various ways. I think the wider question is whether some of them have matured and whether it has reached the speed of escape,” Pike explainEssence
Pique seems to suggest that the life of these coins will eventually determine whether they reach the “escape speed”. In other words, Pike is cautious, but the idea of ​​cryptocurrencies may evolve into a stable part of the financial system.
“Time is a friend,” Pique added. He emphasized that as cryptocurrencies continue to trade and get mainstream attention, their value will become clearer.
Pike emphasized that for old -fashioned financial institutions such as Morgan Stanley, they are mainly concerned about OperateEssence
“For us, the problem is that we can act as traders as traders as a trader. We will cooperate with the Ministry of Finance and other regulatory agencies to find out how to provide this service in a safe way.” Ke explained.
The cryptocurrency community believes that Morgan Stanley’s cryptocurrency plan is very optimistic. Many people think Vocal They think of X. A user even explain“This move consolidated the position of cryptocurrencies in the global financial system.”
There were reports earlier this month E-TRADE, Morgan Stanley’s online broker departmentAre considering providing Cryptocurrency trading serviceEssence However, this plan is still in the exploration stage.
in addition, CEO of Goldman Sachs I have previously said Investment bank open Participate in cryptocurrencies. However, this is only possible when the regulatory environment changes. At present, banks like Goldman Sachs are not allowed to own or Mainly participate in BitcoinEssence
In addition, Ted Pike’s comments were published at a critical moment in the cryptocurrency market. Under the leadership of the Trump administration, people’s attitudes towards digital currency have changed significantly. Trump also signed Formal administrative order Create “National Digital Assets Reserve”.
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