The biggest risk the bank sees is that policymakers move too fast and “implement measures that inadvertently inhibit adoption of cryptocurrencies,” and whilst not its base case, “regulators could still in theory adopt a highly restrictive stance on crypto-related services (or prohibit them altogether) that severely inhibit their growth.” Source link … [Read more...] about Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected
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Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares
Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days.An example of one such investor is a leading investment bank in the United States, Morgan Stanley, who recently increased its … [Read more...] about Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares
Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse
The metaverse will likely be a “next generation social media, streaming and gaming platform” and will operate initially as an advertising and e-commerce forum, according to a research note by Morgan Stanley published last week.The “addressable US consumer expenditure to monetize is large … at $8trln,” and the bank sees “~$5trln of consumer expenditure that could be digitized … [Read more...] about Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse
Metaverse Gaming, NFT’s Could Account for 10% of Luxury Market by 2030: Morgan Stanley
Although luxury brands don’t derive a lot of revenue from digital mediums right now, this could change soon, according to a research note from Morgan Stanley published last week.Metaverse gaming and NFT’s could represent a 50 billion euro revenue opportunity for the sector by 2030.”NFTs and social gaming present two near-term opportunities for Luxury Brands, allowing them to … [Read more...] about Metaverse Gaming, NFT’s Could Account for 10% of Luxury Market by 2030: Morgan Stanley
More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says
The metaverse is important because it can “fundamentally change the medium through which we socialize with others, watch music performances, engage with fashion brands, learn and/or speculate on digital assets such as [non-fungible tokens] or in-game skins,” Morgan Stanley said in a research note. Source link … [Read more...] about More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says