Jenny Johnson noted the potential of blockchain as a way to reduce the costs of transactions with traditional financial instruments, calling the technology incredibly effective.
“I think under the Trump administration we will see traditional finance and cryptocurrencies increasingly integrated. But a certain amount of legislative clarity is needed to bring everything together—it will serve as a key factor. And then the situation will change, bringing cost reduction and other technology-related innovations.”
The efforts of all stakeholders are needed to develop the market and develop rules that will attract multibillion-dollar investments not only from the United States, but also from other countries, said Franklin Templeton’s top manager.
Earlier, Morgan Stanley CEO Ted Pick said that time is the friend of digital currencies. The longer they bargain, the more supporters they have.
Source: Bits
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