Morgan Stanley Applies for National Trust Charter to Hold Clients’ Crypto

Morgan Stanley has taken another step deeper into digital assets, filing for a new national trust bank charter that would allow the firm to custody cryptocurrencies and carry out related services for clients in the United States. Key Takeaways: Morgan Stanley applied for a national trust charter to custody crypto and provide trading and staking services. The move is part of a broader institutional push for regulated digital asset infrastructure. Approval would let the bank hold client crypto directly ...