Franklin Templeton CEO Jenny Johnson anticipates that the new Trump administration will facilitate clearer regulations that integrate traditional finance (TradFi) with cryptocurrency. In a recent interview, she emphasized the necessity for regulatory clarity to reduce costs and leverage the innovation brought by blockchain technology. Johnson believes blockchain could ultimately be used in the construction of exchange-traded funds (ETFs) and mutual funds due to its efficiency. While acknowledging the potential of the crypto industry, she cautions that much of the hype may resemble the dot-com bubble, where only a few significant companies survived amidst a wave of failures. The surge in pro-crypto candidates in Congress, coupled with Trump’s executive orders, reflects a growing acceptance of cryptocurrency, yet concrete policies remain absent. Johnson highlights the importance of viewing blockchain as a versatile programming language that can enhance financial products.

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