Morgan Stanley
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Report: Bitcoin is not traded as a currency, but as a speculative asset
According to reports, Morgan Stanley stated in a research report that, with increasing concerns about traditional banks forced to close in the United States, this should be a shining moment for Bitcoin, as the holders of the largest cryptocurrency in private wallets should be protected from counterparty risks. Interpretation of this information: Morgan Stanley, a well-known multinational investment bank, recently released a research report highlighting the potential benefits of Bitcoin during times of financial uncertainty. The report suggests that the increasing concerns surrounding traditional banks in the United States could…
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Morgan Stanley: US regulators may increase their crackdown on banks providing services to encryption companies
It is reported that Morgan Stanley said in a research report on Wednesday that the US regulatory authorities may soon intensify their efforts to crack down on banks that provide services to encryption companies. The Silvergate Bank (SI) of cryptocurrency decided to close on the basis of industry and regulatory development, and closed the entrance to convert legal tender into cryptocurrency in the United States. Regulatory actions may also lead to the closure of other channels. Interpretation of this information: Morgan Stanley, a renowned financial institution, released a research report…
