Morgan Stanley Weighs Crypto Trading via E-Trade Division

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The story "Morgan Stanley Weighs Crypto Trading via E-Trade Division" was covered 2 days ago by CoinGape, a news publisher based in India.

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Morgan Stanley Weighs Crypto Trading via E-Trade Division - CoinGape

Quick Summary:

Morgan Stanley is reportedly evaluating plans to introduce cryptocurrency trading through its online brokerage subsidiary, E-Trade, according to sources close to the firm on January 2, 2025.

This potential expansion could position the brokerage as one of the largest traditional financial institutions to enter the digital asset trading market.

Other legacy institutions such as Goldman Sachs have also indicated their interest in the crypto market but only if there is a clear policy direction.