CoinVoice Latest reports that Jenny Johnson, CEO of Franklin Templeton, which manages assets of $1.6 trillion, stated at the SALT conference in Jackson Hole, Wyoming, that Bitcoin is a "currency of fear" and that it distracts people from the true potential of blockchain. She believes that the most worthwhile investment direction in the crypto space is blockchain infrastructure, including blockchain networks, consumer applications, and node validadores. Johnson expects that in the future, mutual funds and ETFs will gradually operate on the blockchain, but regulatory risks remain the biggest obstacle to this transformation. She emphasized that for active investment managers, the transparency provided by validadores could bring a "game-changing" advantage.
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CoinVoice Latest reports that Jenny Johnson, CEO of Franklin Templeton, which manages assets of $1.6 trillion, stated at the SALT conference in Jackson Hole, Wyoming, that Bitcoin is a "currency of fear" and that it distracts people from the true potential of blockchain. She believes that the most worthwhile investment direction in the crypto space is blockchain infrastructure, including blockchain networks, consumer applications, and node validadores. Johnson expects that in the future, mutual funds and ETFs will gradually operate on the blockchain, but regulatory risks remain the biggest obstacle to this transformation. She emphasized that for active investment managers, the transparency provided by validadores could bring a "game-changing" advantage.