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

BlockBeats News, October 18, 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 United States is "probably about 10 years behind" in the field of cryptocurrency. He said, "Crypto 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 United States." The agency hopes this framework will allow innovation to flourish.