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The Polylog Crypto Intelligence Brief

Morning Edition · Thursday, July 16, 2026Published at 1:28 AM EDT · New York

Morgan Stanley Wins Preliminary Approval to Pull Crypto Custody, Staking and Lending In-House

A national trust-bank charter from the Office of the Comptroller of the Currency would let the bank consolidate functions it now outsources, erasing the distinction between broker and crypto infrastructure.

Morgan Stanley Wins Preliminary Approval to Pull Crypto Custody, Staking and Lending In-House

Morgan Stanley has received preliminary approval from the Office of the Comptroller of the Currency (OCC), the United States regulator that charters national banks, for a trust bank that could consolidate crypto custody, staking and lending…

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Crypto Exchanges Seek Bank Charters to Escape Debanking

Facing the risk of losing outside banking access, large crypto firms increasingly acquire banking licenses themselves, dissolving the line between exchange and regulated bank.