Morgan Stanley becomes the second major Wall Street firm to begin clearing Bitcoin futures contracts, possibly opening the floodgates. #NEWS
Banking giant Morgan Stanley has estimated that hedge funds invested $2 billion in cryptocurrencies this year.
BNP Paribas has begun criticising Bitcoin for lacking the centralized features of a fiat currency, such as a lender of last resort.
Morgan Stanley CEO, James Gorman, who has previously credited Bitcoin as more than a fad, is not going as far as to be caught up in the hype.
Morgan Stanley Chairman and CEO James Gorman has added to recent criticism of bitcoin in new comments.
America’s financial powerhouse is starkly divided along Bitcoin lines as famous banks and institutions pick sides.
‘It’s obviously highly speculative but it’s not something that’s inherently bad.’
It might seem that lately, the world of high-finance want nothing more than to drop a proverbial load all over Bitcoin but CEO of leading global financial services firm Morgan Stanley, James Gorman, offered words to support the contrary on Wednesday. Speaking at a conference hosted by The Wall Street Journal, he said he considered Bitcoin […]
Morgan Stanley CEO James Gorman thinks that bitcoin is more than a “fad”, according to new statements.
Former US Chairman of the Federal Reserve has been invited to be the keynote speaker at a Blockchain conference.
Those in the investment know are looking to hedge their bets on Bitcoin as Harvard money manager delves into cryptocurrency.
According to bitcoin analyst and researcher Tuur Demeester, the former CEO of Morgan Stanley — the $89 billion U.S.-based bank — is seeking to raise over US$950 million in an initial coin offering (ICO), merely a few days after prominent boxer Floyd Mayweather raised over US$30 million in an ICO he sponsored. ICO Second Wind? […]
From former bank CEOs to traders, more and more enter the digital currency market in one form or another. Regulation is seemingly around the corner as the Wild West days ar…
Ex-Morgan Stanley CEO has already been investing in cryptocurrency for his own benefit over the last several years, now seeks to bring new investors into the market …
Investment bank Morgan Stanley recently came out with a report suggesting bitcoin acceptance has dropped to “virtually zero and shrinking.” The report was created by the investment bank’s internal analyst team, which was headed by James E Faucette. Also read: BTCC Founder Bobby Lee Says Cryptocurrencies Need Regulation A Yahoo Financial article elaborated, saying, “According to […]