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E*Trade, a subsidiary of Morgan Stanley, launches cryptocurrency trading services

Source: www.bloomberg.com
According to Bloomberg, Morgan Stanley is launching cryptocurrency trading services on its E*TRADE platform, charging a fee of 50 basis points per trade—lower than U.S. peers such as Coinbase, Robinhood, and Charles Schwab. The service is currently in pilot phase and is expected to roll out fully to E*TRADE’s 8.6 million customers later this year.

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