In a striking admission, SEC Chairman Paul Atkins acknowledged that the United States has resisted crypto innovation for far too long. His statement marks a potential turning point in how American regulators approach digital assets. For years, the crypto industry has criticized the agency's enforcement-heavy tactics, arguing they stifled growth while other nations embraced blockchain technology. Atkins' remarks suggest a shift toward more balanced oversight—one that could finally provide the regulatory clarity businesses have been demanding. Whether this translates into concrete policy changes remains to be seen, but the acknowledgment itself signals a willingness to reconsider past approaches. The timing couldn't be more critical as global competition in the digital asset space intensifies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In a striking admission, SEC Chairman Paul Atkins acknowledged that the United States has resisted crypto innovation for far too long. His statement marks a potential turning point in how American regulators approach digital assets. For years, the crypto industry has criticized the agency's enforcement-heavy tactics, arguing they stifled growth while other nations embraced blockchain technology. Atkins' remarks suggest a shift toward more balanced oversight—one that could finally provide the regulatory clarity businesses have been demanding. Whether this translates into concrete policy changes remains to be seen, but the acknowledgment itself signals a willingness to reconsider past approaches. The timing couldn't be more critical as global competition in the digital asset space intensifies.