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Morgan Stanley Says U.S. Banks Will Hold Bitcoin Pending Fed and Basel Rules
Amy Oldenburg said U.S. banks will eventually put Bitcoin on their balance sheets, while Morgan Stanley’s MSBT drew over $100 million in its first six days. Oldenburg said large banks still need Federal Reserve approval, Basel compliance, and clearance from multiple global regulators to hold BTC. Oldenburg said the regulatory environment is becoming more favorable for expanding digital asset businesses.