Morgan Stanley has taken another big step into the world of cryptocurrencies. On February 18, 2026, the financial giant submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a federally chartered digital asset trust bank. The proposed bank, called Morgan Stanley Digital Trust, National Association (MSDTNA), aims to provide digital asset services to clients across the United States under federal supervision.
For firms like Riot Blockchain Inc. (NASDAQ: RIOT), the steps that major banks like Morgan Stanley are taking to become chartered operators of digital trusts confirm that the time has come for crypto to…
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