Morgan Stanley’s bank giant is reportedly planning to replace cryptocurrencies on the E*investment brokerage and trade platform.
According to Bloomberg from May 1 reportThe company intends to mention cryptocurrency assets in trade E*in 2026. The plan is still at an early stage of development, and the bank says that it is investigating partnerships with established cryptographic companies to power the service. Internal discussions on cryptocurrency support reportedly began at the end of 2024.
This would not be the first exposure of Morgan Stanley to digital assets. The bank’s richest customers have had access to current funds (ETF) and term contracts for some time, and company advisers can arrange ETF Bitcoin from August 2024.
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The messages are followed in previous reports that Morgan Stanley was considering adding cryptocurrency trading to his E*Trade online brokerage platform at the beginning of January. Reports at that time cited expectations regarding a more genial cryptocurrency regulatory environment.
The move takes place in an increasingly favorable regulatory environment in the United States after the election of President Donald Trump, who conducted a campaign on the Pro-Crypto platform and is personally involved in several Blockchain projects.
Morgan Stanley did not respond to the investigation of Cointelegraph by publication.
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The first 30 days of Trump’s administration brought significant changes in the local cryptocurrency industry. Recently, American cryptocurrency supporters have shown optimism after curse the pro-thistle chairman of the Paul Atkins securities and stock exchanges.
SEC changed his attitude significantly before he took the office of Atkins. At the end of February, the agency has already detained many matters of enforcement of cryptocurrency regulations with a direct deadline.
Trump’s own involvement in the cryptocurrency industry, combined with its pro-digit decision, raised concerns about potential conflicts of interest. Senator Massachusetts, Elizabeth Warren, recently called on state officials to ask questions related to Memecoin Trump and his media company.
Senator Jon Ossoff recently expressed support for Trump’s accusation to meet the best owners of his official Trump (Trump) Memecoin. He said that “gives viewers to people who buy his memecoin”, adding:
“When the sitting president of the United States sells access for effectively payments directly to him. There is no doubt that he increases to the level of unprofitable crime.”
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