Golden Finance reported that Morgan Stanley CEO Ted Pick revealed that the bank is working with the U.S. Department of the Treasury and other regulatory agencies to explore providing cryptocurrency trading services. Regarding phenomena such as TRUMP coins in the market, Pick said that this reflects that market liquidity behaves in different ways. The broader question is whether these have matured and whether crypto assets have reached "escape velocity." Pick emphasizes that time is your best friend, and the longer the transaction lasts, the more likely it is that perceptions will become reality. As a highly regulated financial institution, Morgan Stanley will work with the Treasury Department and regulators to explore how to conduct cryptocurrency business in a safe manner.