Morgan Stanley CEO: Willing to collaborate with regulators to study how to securely provide cryptocurrency services

Ted Pick, CEO of investment banking giant Morgan Stanley, stated in an interview with CNBC on Tuesday that he is open to collaborating with regulators so that the company can provide cryptocurrency services.

Pick was asked about his views on digital currency under the Trump government, which supports cryptocurrency.

For us, the core issue is whether we, as a highly regulated financial institution, can play the role of a trading party, "Pick said." We will work with the Ministry of Finance and other regulatory agencies to study how we can provide these services in a secure manner

When talking about the launch of Trump's official meme coin TRUMP and the phenomenon caused by it, Pick It is believed that this reflects the liquidity situation in the cryptocurrency ecosystem, where liquidity will manifest in various ways.

The broader question is whether these things have matured and reached escape velocity, "Pick continued," Time is (cryptocurrency's) friend; the longer the transaction time, the more cognition becomes reality