Author: Stephen Katte, CoinTelegraph; Compiler: Deng Tong, Golden Finance

Franklin Templeton CEO Jenny Johnson believes that the new Trump administration will begin to work on integrating traditional finance and cryptocurrencies to develop clearer regulations.

She said in an interview with Bloomberg on January 21: “I think Trump’s approach is that we will start to see further integration of TradeFi and cryptocurrencies, which is what we need.”

“We need to have some kind of regulatory clarity so you can bring it all together because fundamentally it will drive down costs and the technology can bring huge innovations,” Johnson added.

Blockchain technology could especially be used for exchange-traded funds and mutual funds, Johnson said.

“I think it’s important to think of blockchain as a technology. It’s a programming language that does certain things very well,” she said.

“I do think that ETFs and mutual funds may eventually be built on blockchain because it is a very efficient technology.”

January 20, Donald · President Trump signed a series of executive orders on his first day in office, but despite his pro-cryptocurrency promises on the campaign trail, none of these orders addressed crypto assets or.

Hundreds of pro-cryptocurrency candidates have also won seats in Congress, and industry leaders say the U.S. could become the most pro-cryptocurrency in history.

Johnson said that while there are "huge opportunities" in the cryptocurrency industry, she believes some of them will eventually become "noise," similar to what happened to Internet companies during the dot-com bubble.

"It's kind of like the dot-com era, where eventually, you're going to have some of the biggest companies of the next decade, and then you're going to have a lot of companies that get left behind. I think that's the same in the cryptocurrency world," she said.

From the late 1990s to the early 2000s, Internet companies were the subject of considerable hype and investment.

The industry peaked at $2.95 trillion in 2000 before falling to $1.195 trillion as capital dried up and investors left, leading to the bankruptcy of many companies in the industry.