Odaily Planet Daily News Roger Bayston, head of digital assets at Franklin Templeton, said that financial innovators are playing a long game with the US SEC, which is fair. "Like many regulators, the US SEC tends to rely on legal precedents," Bayston said at the 2024 Consensus Conference. These precedents are often set in court, so this is just a process we participate in." Although people often express doubts about the SEC's "open door" policy, Bayston believes that the agency's actions are protecting the economy and are not insurmountable: "If we didn't have some discipline, persistence, and cooperation with global regulators, we wouldn't have survived in this trusted industry for 76 years." Bayston pointed out that the situation at the SEC is changing compared to last year. He said: "We have been in pleasant contact with the SEC... We are excited about their change of attitude." (Cointelegraph)