Signs of a widening embrace across the financial services industry sent Bitcoin to new heights, with the cryptocurrency closing in on $50,000 for the first time. A week after Tesla announced its $1.5 billion investment in Bitcoin, the digital asset has kept making inroads into traditional finance, with the latest being news that an investment unit of Morgan Stanley is considering whether to bet on Bitcoin. And there’s evidence that more companies are beginning to add services for cryptocurrencies -- an asset class that is still lightly regulated and controversial among policymakers. On Thursday, BNY Mellon said it’s ... (full story)