Morgan Stanley News
Morgan Stanley is an American transnational financial services company founded by Henry Morgan and Harold Stanley in 1935 and headquartered in New York. Morgan Stanley’s banking practices are mostly built upon institutional securities, investment management and wealth management. Morgan Stanley has offices in more than 42 countries and is one of the world’s major financial institutions, with total assets of more than $814 billion. Morgan Stanley’s technology departments are strongly interested in blockchain technology. Morgan Stanley’s blockchain research and development process is covered on their official website. The latest Morgan Stanley’s news on blockchain implementation indicate that the company does not see cryptocurrency and blockchain as being suitable for major banking at this stage of development.
Eight former core developers from Morgan Stanley announced the launch of the Singapore-based Phemex, a new cryptocurrency derivatives trading platform.
Former Morgan Stanley Developers Launch Crypto Derivatives Exchange
The world’s biggest crypto exchanges are launching OTC desks for institutional investors.
Major Crypto Exchanges Launch OTC Desks Despite the Crypto Winter
Morgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance.
Crypto Is Tightening Up Its Anti-Money Laundering Game, While Banks Are Still Being Fined for Non-Compliance
Bloomberg’s recent article claims that Wall Street’s “dreams” of crypto businesses are now shelved and “in limbo.”
Bloomberg: Wall Street Giants Postpone Entering Crypto Industry Amid Falling Prices
CLS has launched its joint blockchain platform with IBM and has a total of eight clients “committed” to using it.
CLSNet Blockchain Payment Netting Service Launch Features Goldman Sachs, Morgan Stanley
Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves.
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
Bitcoin and altcoins have been representing a “new institutional investment class” since 2017, despite the ensuing bear market, Morgan Stanley says.
Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’