Franklin Templeton CEO Jenny Johnson predicted in an interview with Bloomberg that the Trump administration will begin working on clearer digital asset regulation in the US.
Crypto Could Revamp the Finance Industry
Johnson discussed the potential for blockchain technology to revamp the financial industry and address long-standing challenges. She predicted that ETFs and mutual funds will "ultimately" be the next big products built on distributed ledger technology.
Johnson Calls for Crypto Clarity under Trump
Johnson emphasized the need for a clear regulatory framework to integrate crypto and traditional finance sectors. The new Trump administration, which took office on Jan. 20, has yet to address crypto-related policies and regulatory challenges.
Impact of Dot-Com Bubble: Lessons for Crypto World
Despite Johnson's positive outlook on the long-term potential of blockchain and cryptocurrencies, she compared these technologies to the late 1990s and early 2000s dot-com boom, where some of the biggest companies emerged while many others faded away.
Industry analysts believe that the current US government could become the most pro-crypto in history, especially under Trump. A strong belief in innovation and a legal environment designed to encourage responsible growth have the potential to reshape the global financial world.
