Wall Street CEOs took action! Crypto money plans emerge one by one

Mayor Donald Trump’s second period, Wall Street executives, under the influence of administration’s pro -crypto attitude and regulatory reforms Crypto Coins It gives signals of a new approach to embrace.

Morgan Stanley CEO TED Pick spoke about the Bank’s cautious optimism on digital assets at the World Economic Forum in Davos, Switzerland. “For us, the equation revolves around whether we can act as a processor as a high -level financial institution,” Pick said.

The change in sensitivity emerged with Trump, who once strongly criticized crypto currencies, to a more supportive stance. During the 2024 election campaign, Trump put his back on the crypto industry for financial support, and since then he outlined a comprehensive pro -crypto agenda.

Yesterday, the President issued an administrative order to “protect and encourage digital assets and pointed out a change in federal politics. This move aroused interest among the financial institutions that have previously hesitated to deal with crypto due to regulatory uncertainties.

Morgan Stanley, a pioneer in providing Bitcoin funds to its rich customers, is intending to deepen its participation in crypto money markets. Pick, “Bitcoin is traded for a long time, perception becomes reality,” he said, the increasing mainstream acceptance of the asset reshapes the reputation.

Similarly, Bank of America CEO Brian Moynihan said that they are open to crypto as a payment option, provided that regulatory clarity is provided. Speaking in Davos, Moynihan said, if the rules come and make it a real thing you can really do, you will see that the banking system will enter the processing side harshly, ”he said.

Goldman Sachs CEO David Solomon reiterated this idea by stating that the bank’s attitude towards having a BTC in case of change.

*It is not an investment advice.