Morgan Stanley Evaluated Cryptocurrencies

Morgan Stanley, one of the largest investment banks in the USA, evaluated cryptocurrencies.

According to the report of Morgan Stanley, the failure of companies providing wholesale banking services in the USA to step into the digital asset sector due to the lack of regulation caused a revenue of 4-5 billion dollars to escape in just one year. In the report obtained by CoinDesk and prepared by Morgan Stanley analysts, it was stated that the biggest obstacle in front of such banks, which serve more corporate and large-scale customers rather than individual customers or small organizations, is the lack of clear and clear regulatory rules yet. The report stated that the emergence of more regulation will increase the number of participants and this situation will benefit the banks, however, the regulation alone may not be enough. The analysts' report, led by Betsy Graseck, also noted that wholesale banking companies serving such institutional clients have a significant advantage: “Experience in working in a regulated environment, having business models that can generate returns in times of serious capital need, and being a 'Trusted counterparty' status for corporate clients are the biggest advantages of these banks.”