PANews reported on January 22 that according to Cointelegraph, Jenny Johnson, CEO of Franklin Templeton, believes that the new Trump administration will begin to promote clearer regulation by integrating traditional finance and cryptocurrencies.
“I think the thing about the Trump administration is that we’re going to see them merge traditional finance (TradeFi) and crypto more, which is what we need,” she said in an interview with Bloomberg on Jan. 21. “We need some kind of regulatory clarity so that the two can be combined because fundamentally, it’s going to drive down costs, and the innovation that’s coming with technology is huge. Blockchain technology in particular could be used for exchange-traded funds (ETFs) and mutual funds in the future. I think it’s really important to think about blockchain as a technology. It’s a programming language that’s very good at certain things. I do think that ETFs and mutual funds could end up being built on blockchain because it’s an extremely efficient technology.”
