-
Morgan Stanley challenges the idea that Wall Street is late to crypto
Major financial institutions are not suddenly jumping into the cryptocurrency market out of a fear of missing out. According to Amy Oldenburg, the head of digital asset strategy at Morgan Stanley, Wall Street has actually spent years preparing for this exact shift. Speaking at the Digital Asset Summit in New York on Tuesday, Oldenburg pushed back against the popular narrative that traditional finance is rushing blindly into digital assets. “TradFi is getting FOMO and is now getting involved … it really isn’t accurate,” Oldenburg said during the panel. “We’ve been on a journey around the entire ... (full story)