Morgan Stanley Says Bitcoin Could Reach U.S. Bank Balance Sheets

Amy Oldenburg said Bitcoin could eventually reach U.S. bank balance sheets, while Morgan Stanley’s MSBT drew more than $100 million in six days. Oldenburg said Federal Reserve policy, Basel capital rules, and global regulatory coordination still stand in the way. Morgan Stanley is also applying for an OCC digital trust charter that could enable self-custody and spot crypto trading in the future.

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