Morgan Stanley's CEO, Ted Pick, expressed the bank's willingness to engage with regulators to explore offering crypto services safely. During a recent CNBC interview, he noted the significant liquidity in the crypto market following the launch of a meme coin by Donald Trump, which experienced substantial volatility. Pick emphasized the importance of regulatory compliance for financial institutions like Morgan Stanley to operate as transactors in the digital asset space. The bank has previously enabled its financial advisors to promote cryptocurrencies to clients and allowed wealthy clients to access Bitcoin funds. Pick's remarks align with similar statements from other major banks, indicating a growing interest in cryptocurrencies under clearer regulatory guidelines after recent government crackdowns. The conversation surrounding cryptocurrency is evolving, especially with the new Republican administration taking a different stance compared to its predecessor.

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