Morgan Stanley & Charles Schwab Enter Crypto Trading as Regulatory Landscape Evolves

Two prominent financial institutions, Morgan Stanley and Charles Schwab, are preparing to offer crypto trading services in response to eased U.S. regulatory guidelines. Both firms plan to launch these offerings by 2026. This move is a significant step towards mainstream cryptocurrency adoption, particularly as Bitcoin continues to surge near its historic high of $97,000. Morgan Stanley intends to integrate crypto trading on its E*Trade platform, while Charles Schwab develops a spot-based trading service. ]