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Blockchain & Cryptocurrency

Morgan Stanley to Let Clients Invest in Cryptocurrecy

The Infinite Brief
Morgan Stanley, a big multinational investment bank based in the United States, is reportedly prepared to offer Bitcoin (BTC) swap trading to its client for the first time.

The development which is still officially unconfirmed, as the source chose to remain anonymous, sees Morgan Stanley offering the opportunity for trade in complex derivatives that would be based on the bitcoin (the biggest digital currency).

The unconfirmed source also explained that the multinational investment bank “will deal in contracts that give investors synthetic exposure to the performance of Bitcoin.”

Curated from BTCNN

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