Techub News reported that according to Cointelegraph, Roger Bayston, head of digital assets at Franklin Templeton, said that financial innovators are playing a long game with the U.S. Securities and Exchange Commission (SEC).
Compared to last year, the situation at the SEC is changing this year. Franklin Templeton has always had a good time working with the SEC and is happy to see the SEC change its attitude and change its tone. Roger Bayston compared tokenized money funds with stablecoins. Depositors give their money to operators, who invest and return the money, and the profits from the investment belong to the operators. Roger Bayston believes that cryptocurrencies are as important to investment portfolios as technology stocks were 30 years ago.