Morgan Stanley applies for OCC bank charter to custody crypto

Morgan Stanley applies for OCC bank charter to custody crypto

8.75%LINK$8.23 11.58%ETH$1,839 10.73%DOGE$0.08806 12.30%BTC$63,072 7.28%ADA$0.2611 11.91%XLM$0.15 10.68%HYPE$26.13 11.23%SOL$77.16 13.22%XMR$330.12 6.26%BNB$590.89 6.40%XRP$1.29 9.51%TRX$0.2806 1.49%USD Written by Felix Ng,Staff EditorReviewed by Felix Ng,Staff EditorMorgan Stanley applies for OCC bank charter to custody crypto4 hours agoThe Wall Street banking giant has been accelerating its foray into crypto, filing to launch Bitcoin, Ether and Solana ETFs in January. Morgan Stanley has applied for a de novo national trust bank charter, allowing the bank to hold digital assets on behalf of its clients — a move in rhythm with its recent crypto expansion. A public filing with the Office of the Comptroller of the Currency (OCC) shows the application for a bank trust charter was received on Feb. 18 under the name “Morgan Stanley Digital Trust, National Association.” More details of the bus

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