Nearly every week seems to bring a new development involving Wall Street and crypto. The biggest banks on Wall Street, once dismissive of crypto, are now embracing it at an unprecedented pace. Case in point: Morgan Stanley recently announced plans to launch crypto trading for E*Trade clients. It also plans to introduce a client asset allocation strategy that involves cryptocurrencies. On top of that, the Wall Street investment bank plans to develop a new blockchain wallet solution for customers. So what's behind this push into crypto, and what does it mean for your portfolio? The political environment The simplest ... (full story)