The report about potential cryptocurrency trading integration led to a price surge for Bitcoin, reaching its peak since late February.

Strategic Plans Unveiled by Morgan Stanley

According to a Thursday report, Morgan Stanley, a leading name in banking, is planning to introduce cryptocurrency trading options for its clients on the E*Trade platform.

Bloomberg revealed, based on information from knowledgeable sources, that the bank is contemplating the introduction of spot cryptocurrency trading. The bank’s executives are considering a launch by 2026.

Potential Collaborations to Strengthen Crypto Trading

In its exploration of optimal trading inclusion strategies, the bank is mulling over the possibility of collaborating with one or several well-known crypto companies.

Sectoral Shifts in Regulatory Climate

Regulatory authorities during the Trump era have adopted a more lenient approach to crypto oversight, coinciding with Morgan Stanley’s aspirations.

Awaiting Official Remarks

A prompt response from Morgan Stanley concerning the report’s content was not available at the time of inquiry.