Franklin Dumptun CEO: Trump will integrate traditional finance and cryptocurrency in a clearly regulated manner

PANews reported on January 22, according to Cointelegraph, Franklin Templeton CEO Jenny Johnson believes that the new Trump administration will begin promoting clearer regulation by integrating traditional finance and cryptocurrency.

She stated in an interview with Bloomberg on January 21: "I think a characteristic of the Trump administration is that we will see them more integrated with traditional finance (TradeFi) and cryptocurrencies, which is what we need. We need some regulatory clarity to combine the two because fundamentally it will reduce costs and the innovation brought about by technology is huge. Blockchain technology can especially be used for future exchange-traded funds (ETFs) and mutual funds. I think it's very important to view blockchain as a technology. It's a programming language that performs exceptionally well in certain aspects. I do believe ETFs and mutual funds may eventually be built on blockchain because it's an extremely efficient technology."