Morgan Stanley (NYSE: MS) issued a warning about the potential decline in the global dominance of the U.S. dollar. The investment bank attributed this decline to the rising influence of digital assets like Bitcoin (CRYPTO: BTC) and various central bank digital currencies (CBDCs). Andrew Peel, Morgan Stanley’s head of digital assets, highlighted in an investment note dated Jan. 12, that the U.S. dollar — currently accounting for about 60% of global foreign exchange reserves — faces a challenge due to a significant shift in how digital assets are perceived and utilized globally. Peel emphasized …

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