SEC Chair: The US is Ten Years Behind in the Crypto Field, Establishing a Regulatory Framework to Attract Innovation is a "Top Priority"

BlockBeats News, October 18th, according to a report by Cointelegraph, at an event held in Washington, D.C., U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the U.S. is already ten years behind in the cryptocurrency field, and addressing this issue is a top priority for regulatory agencies.

Atkins said he believes that the U.S. may already be "about ten years behind" in cryptocurrency. He stated: "The cryptocurrency area is our top priority."

Atkins pointed out that the SEC aims to "establish a robust framework to bring back those who may have already left the U.S." The agency hopes that this framework will foster innovation.