Morgan Stanley, one of the largest investment firms in the US, announced on Friday that it will broaden access to crypto investments for all clients, including those with retirement accounts.
This shift, reported by CNBC, allows financial advisors to present cryptocurrency funds to any client starting October 15, moving away from the previous restrictions that limited access to individuals with a minimum of $1.5 million in assets and an aggressive risk tolerance.
Morgan Stanley Broadens Crypto Access
This decision marks a notable evolution in the firm’s approach to digital assets, especially following the US government’s changing stance on cryptocurrencies under President Donald Trump’s administration.
Throughout the year, the Republican Party, spearheaded by Trump’s vision