US banks are restricting third-party AI agents over concerns that automated tools could access accounts or initiate financial actions without clear customer control.

Bitcoin Magazine

Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin

Bitcoin’s digital gold case is “a pretty strong rationale,” says Morgan Stanley’s Amy Oldenburg. But she wants to see Bitcoin trade more like gold and less like risk assets. She discusses Bitcoin’s correlation with gold, how stablecoins, quantum fears, AI, and inflation are weighing on demand, and why she won’t let one day or one inflation print define Bitcoin’s outlook.

Chapters:
0:00 – Stablecoins and USDT on Bitcoin
1:23 – Who’s Buying Morgan Stanley’s Spot Bitcoin ETF?
2:54 – Bitcoin as Digital Gold in Client Portfolios
4:11 – Moving Self-Custodied Bitcoin Into ETF Shares
5:33 – Borrowing Against Bitcoin ETFs and Spot Bitcoin
6:33 – Bitcoin’s Correlation With Gold and What’s Weighing on Demand
8:52 – How Morgan Stanley Is Assessing Quantum Risk
9:55 – Why Tokenization Could Transform Every Asset Class
12:24 – Morgan Stanley’s Digital Asset Lab
15:42 – AI Agents and the Future of the Agentic Economy

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin first appeared on Bitcoin Magazine and is written by Patrick Green.

Bitcoin Magazine

Morgan Stanley Has ‘Digital Asset Lab’ To Test Crypto Products: Report

Wall Street giant Morgan Stanley has launched a “digital asset lab” to test crypto products, according to reports. 

Bloomberg on Tuesday reported that the bank was using the lab to test products like stablecoins, tokenized assets and decentralized finance apps. 

Morgan Stanley is one of many banks delving deeper into the crypto world. The traditional finance titan became the first bank to debut a bitcoin exchange-traded fund in April. 

The fund, the Morgan Stanley Bitcoin Trust, now manages over $871 million in assets, according to its website.  

Citing an interview with Megan Brewer, who is head of firmwide market innovation and labs at the bank, Bloomberg reported that the lab gives Morgan Stanley a “secure, compliant and segregated environment to be able to test and explore some of these new areas of digital assets.” 

The report added that the lab’s team is working to test products like tokenized deposits, central-bank digital currencies and tokenized money market funds.

Morgan Stanley has a number of so-called labs to test out new products, the report continued. 

Morgan Stanley has been making big crypto moves for years now. Back in 2021, it started offering wealthy clients exposure to bitcoin via funds such as those by Galaxy Digital.

Last year, the bank’s CEO and Chairman, Ted Pick, said that the bank was working with regulators to see how they could offer crypto products safely.

Back in April, the bank’s head of digital assets, Amy Oldenburg said client education — not product design — is the central challenge facing Bitcoin adoption.

Top banks worldwide are working on offering products that use Bitcoin’s underlying technology. These products include everything from tokenized equities and stablecoins to bitcoin custody and trading platforms. 

This post Morgan Stanley Has ‘Digital Asset Lab’ To Test Crypto Products: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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