Morgan Stanley CEO: Will work with U.S. regulators to explore the possibility of deeper involvement in the cryptocurrency market

ChainCatcher news, according to CNBC, Morgan Stanley CEO Ted Pick stated that the bank will work with U.S. regulators to explore whether it can engage more deeply in the cryptocurrency market.

Pick said, "For us, the key question is whether, as a heavily regulated financial institution, we can act as a dealer. We will collaborate with the Treasury and other regulators to explore how to provide this service in a safe manner."