US SEC Chair: The United States is ten years behind in the crypto sector; establishing a regulatory framework to attract innovation is a top priority

ChainCatcher news, according to Cointelegraph, at an event held in Washington, D.C., U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the United States has fallen behind by ten years in the crypto sector, and addressing this issue is a top priority for regulators.

Atkins said he believes the U.S. may already be about 10 years behind in the field of cryptocurrency. He 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 this framework will allow innovation to flourish.