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.

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated at an event in Washington, D.C., that the United States is "probably about a decade behind" in the crypto space and that establishing a robust regulatory framework to attract innovators back and promote industry development has become a top priority. Atkins noted that the SEC's goal is to "build a robust system that allows innovation to flourish" and ensure that the United States regains its position as the center of the crypto space. (Cointelegraph)