Franklin Templeton CEO Believes Trump Administration Will Work Toward Clearer Crypto Regulations

Jenny Johnson, CEO of Franklin Templeton, believes that the Trump administration will work towards clearer regulations by merging traditional finance and crypto. She stated in an interview with Bloomberg that regulatory clarity is necessary to bring these two industries together, as it will drive out costs and enable innovation. Johnson also sees potential for blockchain technology to be utilized in exchange-traded funds and mutual funds in the future. Despite President Trump's crypto-friendly promises, none of his executive orders have addressed crypto assets or policy yet.