Franklin Templeton's head of digital assets, Roger Bayston, sees the SEC's cautious approach to crypto as a safeguard for the economy, not a hurdle. 🏛️ He believes the agency is warming up to blockchain, comparing this year's interactions to last year's. The firm's Franklin OnChain U.S. Government Money Fund, launched in 2023, was a five-year journey of educating the SEC on blockchain's potential. Bayston likens tokenized money funds to stablecoins and is bullish on crypto, comparing its importance to tech stocks 30 years ago. The firm's Ether ETF application was recently approved by the SEC.