MORGAN STANLEY SEEKS TO ENSURE SAFE CRYPTO OFFER
Morgan Stanley CEO Ted Pick mentioned on Thursday that his bank is planning to engage in further collaboration with the new Treasury Department and other regulators to find safer ways to offer transactions using cryptocurrencies.
“For us, the equation is really around whether we, as a highly regulated financial institution, can act as transactors […] You know, time is the friend [of crypto]; the longer it trades, perception becomes reality,” he said to CNBC at the World Economic Forum in Davos.