Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report

One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13 billion six years ago. It aims to compete on lower costs. Morgan Stanley Joins Crypto Trading Space The bank plans to charge 50 basis points per transaction based on dollar value, as it positions itself below rivals such as Coinbase and Robinhood. …