Franklin Templeton CEO: Trump will integrate traditional finance and cryptocurrency in a clearly regulated manner
ChainCatcher news, according to Cointelegraph, Franklin Templeton CEO Jenny Johnson believes that the new Trump administration will begin to push for clearer regulations by integrating traditional finance and cryptocurrency.
In an interview with Bloomberg on January 21, she stated, "I think the hallmark of the Trump administration will be that we will see them more merging traditional finance (TradeFi) and cryptocurrency, which is what we need. We need some regulatory clarity to bring the two together because fundamentally, this will lower costs, and the innovation brought by technology is immense. Blockchain technology, in particular, can be used for future exchange-traded funds (ETFs) and mutual funds. I think it's very important to view blockchain as a technology. It is a programming language that performs exceptionally well in certain aspects. I do believe that ETFs and mutual funds may ultimately be built on blockchain because it is an extremely efficient technology."