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bitcoinist.com Morgan Stanley Endorses Bitcoin as “Digital Gold,” Tells Advisors to Allocate Up to 4% to Crypto

Morgan Stanley’s Global Investment Committee (GIC) has issued an unexpected recommendation: treat Bitcoin as “digital gold” and allocate up to 4% of suitable portfolios to cryptocurrency exposure. Related Reading: Ripple Announces Major Privacy Upgrade For XRP Ledger – What To Know The action marks one of Wall Street’s most public institutional nods to digital assets […]