The Chairman of the U.S. SEC: The United States has lagged behind in the field of encryption for ten years, and establishing a regulatory framework is a top priority.

According to Odaily Planet Daily, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated at an event in Washington, D.C. that the United States "may have fallen behind by about a decade" in the crypto sector, and that establishing a comprehensive regulatory framework has become a top priority to attract innovators back and promote industry development. Atkins stated that the SEC's goal is to "build a strong system that allows innovation to flourish" and ensure that the United States once again becomes the center of the crypto field. (Cointelegraph)