Morgan Stanley CEO Plays Down Bitcoin Joining Bankers Choir

Unlike his fellow Wall Street bigwigs, James Gorman has not been scathing of Bitcoin, but neither has he been gushing. Now, as Bitcoin’s boom has continued, Gorman looks to be trying to play down the huge growth.

The CEO from Wall Street has said the cryptocurrency "doesn't quite deserve the attention it's getting."

Gorman sees the growth as speculation and warns people of the effects a speculative market can bring, seemingly trying to play down the unprecedented asset growth.