SEC Chair: U.S. Has Fallen a Decade Behind in Crypto, Seeks Framework to Attract Innovation Back

Oct. 18 — U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins said at an event in Washington, D.C., that the United States has "likely fallen about a decade behind" in the crypto space, emphasizing that creating a regulatory framework to attract innovation back is a "top priority", according to Cointelegraph. Atkins noted that the SEC is working to build a robust regulatory environment to encourage companies and talent that have left the U.S. to return, adding that the framework aims to allow innovation to thrive on a compliant basis.