Morgan Stanley Planning to Add Crypto Trading to E*Trade Platform, Report Says
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Morgan Stanley executives are looking into adding spot cryptocurrency trading to its E*Trade platform sometime next year, Bloomberg reported Thursday.
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Bitcoin hit its highest price since late February following the report.
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The report comes as regulators under the Trump administration have shifted to a softer stance on crypto enforcement.
Banking giant Morgan Stanley (MS) is looking to bring cryptocurrency trading to clients through its E*Trade platform, according to a report Thursday.
Citing people familiar with the matter, Bloomberg reported that discussions are ongoing within the bank about adding spot cryptocurrency trading. Executives are looking at…