According to a Feb. 13 report by Bloomberg, Counterpoint Global, a $150 billion unit of American multinational investment bank Morgan Stanley, is exploring a Bitcoin bet.
Citing anonymous sources familiar with the matter, the article says that the major banking company is currently mulling over adding the cryptocurrency as an investment. Such a move that would have to clear regulatory hurdles first.
Yuri MolchanAs reported by U.Today, the Bank of New York Mellon announced that it would launch cryptocurrency custody and trading earlier this week.
Meanwhile, JPMorgan Chase is reportedly being actively pressured to get into Bitcoin by its own traders.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Gamza Khanzadaev
Tomiwabold Olajide
Vladislav Sopov
Dan Burgin