Morgan Stanley's new CEO to explore deeper crypto market involvement with U.S. regulators

According to CNBC, Morgan Stanley's new CEO, Ted Pick, expressed at the World Economic Forum (WEF) in Davos that he plans to work with U.S. regulators to explore deeper involvement in the cryptocurrency market. He also commented on the potential role of Morgan Stanley in trading digital currencies under a pro-cryptocurrency administration led by Donald Trump, emphasizing the importance of regulatory compliance for a highly regulated financial institution like Morgan Stanley.