Trump to converge TradFi, crypto with regulatory clarity: Franklin CEO
Franklin Templeton CEO Jenny Johnson predicts that blockchain will ultimately be used to build ETFs and mutual funds because of the technology’s efficiency.
Franklin Templeton CEO Jenny Johnson believes the new Trump administration will begin working toward clearer regulations by integrating traditional finance and crypto.
“I think that the thing with the Trump Administration is we’re going to start to see them converge more, the TradeFi and the crypto, which is something that we need,” she told Bloomberg in a Jan. 21 interview.
“We need to have some sort of regulatory clarity so that you could bring these together because, fundamentally, it will drive out costs, and there is great innovation that the technology enables,” Johnson added.
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Author: Stephen Katte