*https://advisor.morganstanley.com/christopher.j.bruce/documents/field/c/ch/christopher-bruce/2cc1f060-36ec-11ec-a17a-e2e5e2187122.pdf*


Sheena Shah, Equity Strategist, Morgan Stanley, November 2021

About the report

Cryptocurrency companies are creating a new system of payments and transactions that competes with traditional finance. Governments and regulators are responding. As institutional investor interest intensifies, the crypto regime of leveraged price rises is moving to a regime of regulation.

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