Financial innovators are taking a long-term approach with the United States Securities and Exchange Commission (SEC), which Franklin Templeton’s head of digital assets, Roger Bayston, deems appropriate. “The SEC, like a lot of regulatory bodies, likes to rely on legal precedents. Those precedents are being set in courts of law oftentimes, so this is just the process we’re engaged in,” Bayston told Cointelegraph’s Turner Wright at the Consensus event. Despite skepticism about the SEC’s “open door” policy, Bayston viewed the agency’s actions as protecting the economy and manageable: “We wouldn’t be in the business for 76 years — the
