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The bank informed financial advisors that, starting October 15, they are allowed to provide cryptocurrency investments to all clients. In the past, these investments were accessible only to those investors willing to take on significant risk and possessing assets of no less than $1.5 million.
Morgan Stanley is broadening its clients' access to cryptocurrencies following the change in the US government's perspective on this asset class since Donald Trump's election to the presidency, the article points out.
The bank revealed last month that it would soon enable Bitcoin trading, along with various other cryptocurrencies, via its retail investor platform, E-Trade.
source: cnbc.com
Morgan Stanley is broadening its clients' access to cryptocurrencies following the change in the US government's perspective on this asset class since Donald Trump's election to the presidency, the article points out.
The bank revealed last month that it would soon enable Bitcoin trading, along with various other cryptocurrencies, via its retail investor platform, E-Trade.
source: cnbc.com
