Morgan Stanley Pledges to Work with Regulators on Safe Cryptocurrency Solutions

January 28, 2025 at 10:05 AM EST

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Ted Pick, the CEO of Morgan Stanley, said on Thursday during the World Economic Forum held in Davos, Switzerland, that the bank is gearing up to work with U.S. regulators to investigate prospects in the crypto space.

Addressing the challenges faced by traditional financial institutions in the rapidly evolving crypto space, Pick remarked, “For us, the question is whether a financial institution with as much regulation as ours can effectively operate in this area.” Pick stressed the significance of following regulations as the…

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