Franklin Templeton CEO: The market should realize that Bitcoin and Ethereum are completely different assets
2023-09-13 08:45
Odaily News In the Singapore Toen2049 The Path Ahead for Crypto as an Asset Class roundtable discussion, Franklin Templetons President and CEO Jenny Johnson said: We have been cooperating a lot with the SEC and CFTC. In response to what happened in the past year, the SEC, etc. The regulatory authorities have also been under a lot of pressure and faced many challenges. They are directly responsible for the consequences of FTX’s thunderstorm. There are still many gray quagmire areas in the encryption industry, which must be areas where regulation will focus first. In addition, she mentioned that the crypto trading market is still very immature. For example, we should realize that Bitcoin and Ethereum are completely different assets and cannot be confused or even traded together. (Odaily reporter reported live) It was reported yesterday that asset management giant Franklin Templeton has applied to the SEC for a spot Bitcoin ETF.
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