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Morgan Stanley’s Crypto Charter Bombshell: Massive Green Light for XRP and Ripple
Morgan Stanley’s most recent regulatory filing drew attention from cryptocurrency market analyst Pumpius, who characterizes it as a significant signal for Ripple and XRP as traditional finance expands its involvement with digital assets. He claimed in a recent post that the Wall Street organization’s choice to go for a federally regulated digital trust is similar to the compliance route Ripple took months earlier, bringing XRP’s institutional story back into focus. Morgan Stanley has applied for a national trust bank charter to establish Morgan Stanley Digital Trust, a structure that would enable the company to ... (full story)
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