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Morgan Stanley has just entered the crypto trading scene with fees that are supposedly lower than the competition. So now, traditional banks also want their share of the blockchain-traded product pie.
The thing is, CoinDesk reports this, but of course, they have their own editorial policies and everything else. The interesting part is that Morgan Stanley is offering access to cryptocurrency-traded products with a more competitive fee structure. That said, all within the Bullish ecosystem, which is the digital asset platform behind all of this.
I wonder if this is the turning point for more institutions to dare to offer crypto-traded products with better conditions. In the end, competition in fees always benefits the user, right? It's interesting to see how traditional giants are seriously entering the game.