Archive | Morgan Stanley

Crypto Week In Review: Institutions Finally Ready to Commit to Bitcoin

Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week. BitGo Receives U.S. Regulatory Approval To Launch Custody Solution On Thursday, CNBC divulged that BitGo, a well-known… […]

Citigroup, Morgan Stanley’s Roadmap Shows Institutional Demand For Bitcoin is Surging

Over the past week, Citigroup and Morgan Stanley have doubled down on their plans to offer tradable instruments and products around Bitcoin. Alistair Milne, the chief information officer at Altana Digital Currency Fund, stated that the increasing interest towards cryptocurrencies as an asset class by banks and regulated financial institutions is crucial, as it demonstrates… […]

Morgan Stanley to Offer Clients Bitcoin Derivatives Trading

American multinational investment bank Morgan Stanley is reportedly planning to offer clients the chance to trade in Bitcoin derivatives, reports Bloomberg from an anonymous source. The source, who claims to be close to the matter, shared with Bloomberg that the New York-based bank will be following in the footsteps of other Wall Street firms offering crypto-related […]

Morgan Stanley Ventures Into Bitcoin Trading, Following Other Wall Street Giants

Morgan Stanley has become the latest Wall Street firm to venture into Bitcoin trading, with reports emerging that the investment bank intends to offer its clients derivatives tied to the crypto. Citing a source with knowledge on the matter, Bloomberg reported today, September 13 that the bank has already set up the infrastructure required for […]

Morgan Stanley to Offer Bitcoin Trading, Following Citigroup and Goldman

$83 billion investment bank Morgan Stanley is following the footsteps of Citigroup and Goldman Sachs, and will soon offer Bitcoin swap trading to its clients. As reported by Alastair Marsh at Bloomberg, the US banking giant has already developed the infrastructure required to offer complex derivatives tied to Bitcoin and will launch Bitcoin swap trading… […]

Barclays Sets Up Digital Asset Team to Explore Crypto Trading

British multinational investment bank and financial services company Barclays is reportedly looking to join the cryptocurrency hype among institutional players. Barclays Appoints Chris Tyrer to Lead Digital Assets Project A few months ago, Jes Staley, Barclays CEO, ruled out launching their own virtual currency trading desk. However, the bank has reportedly created a “digital assets… […]

Eleven Credit Suisse Staff Take Crypto Positions Elsewhere

Zurich’s branch of Credit Suisse has seen an exodus of staff, as they switch from banking to cryptocurrency over the past year. The last to leave, Andrew Reel, has left the Swiss bank to become head of digital asset markets at Morgan Stanley also based in Zurich. But he’s just the tip of the iceberg when […]

Malta Passes New Laws to Claim World’s First Nation with Crypto Certainty

Malta has officially passed three bills into law to legalize cryptocurrency businesses in the country, claiming to make it the world’s first nation to provide legal certainty to the cryptocurrency field, according to Bitcoinist. The bills passed their fourth and final reading on 4 July and as Bitcoin News reported recently, the bills are aimed at […]

Malta Banker Association Chair Says Crypto Will Make Banks Obsolete

Marcel Cassar, chairman of the Malta Bankers Association (MBA), has told The Malta Independent that cryptocurrencies may pose a significant threat to banks, possibly making them obsolete. He suggested that the threat to banking of mainstream cryptocurrency adoption was because “their traditional role as main payment intermediary for funds and currency transmission will become challenged, […]

Coinbase Steps Into The Crypto-Centric Japanese Market

One of the largest cryptocurrency companies in the world, Coinbase, just announced that it will be opening up operations in Japan very shortly. Coinbase Japan’s First Steps Although it may be easy for Coinbase to obtain business licenses in other countries, in Japan, it may be especially difficult. Many see Japan as cryptocurrency hub, with… […]

Norway Joins Central Bank Crypto Queue

An official document has been released by Norway’s Central bank (Norge bank) announcing intentions of launching its own cryptocurrency, according to Cointelegraph. This notice of intent by Norway’s State bank is very much in keeping with current trends showing increasing numbers of central banks looking into the viability of creating national cryptocurrencies. As Bitcoin News […]