Traditional Finance Giant Seeks Regulated Custody Infrastructure for Multi-Chain Assets

Morgan Stanley’s OCC charter application signals institutional demand for compliant custody solutions across Bitcoin, Ethereum, and Solana ecosystems. The banking license would enable direct digital asset safekeeping under federal oversight, potentially reducing counterparty risks for institutional DeFi participation. This regulatory approach contrasts with existing crypto-native custody providers operating under state-level frameworks.

Source: CoinTelegraph   Read Full Story