Morgan Stanley is the latest banking giant to show interest in the crypto industry after its CEO said in a Tuesday interview that it would work with regulators to deepen its involvement in the space. 

The bank’s CEO and Chairman Ted Pick said in a CNBC interview that there was a lot of liquidity in the space following Donald Trump’s meme coin launch last week. 

And he added that the bank would work with regulators to see how they could offer crypto safely. 

“For us, the equation is really around whether we, as a highly regulated financial institution, can act as transactors,” he said. “We’ll be working with the Treasury and the other regulators to figure out how we can offer that in a safe way.”

President Donald Trump pledged during his campaign to help the digital asset space after Democratic ex-President Joe Biden’s administration cracked down hard on the industry. 

Ahead of the new Republican commander in chief’s inauguration on Monday, the President contr

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Author: Mathew Di Salvo

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