Morgan Stanley applies to the OCC to establish a national trust bank, MSDTNA, for crypto custody, trading, and staking, aiming to capture client-held digital assets and reduce third-party reliance amid favorable regulation.

Morgan Stanley applied to OCC to establish a digital asset trust bank for crypto custody and staking. The move aligns with favorable regulations, aims to bring client crypto assets in-house, plans Bitcoin lending and spot trading, signaling Wall Street's accelerated embrace of digital assets.

Morgan Stanley has applied to the OCC to establish a national trust bank for crypto custody, trading, and staking, aiming to bring client-held digital assets under a regulated framework. This move signals accelerated institutional adoption amid favorable US policies.