US SEC Chairman: Cryptocurrency should be clearly regulated

According to HT's report from Foresight News, Paul Atkins, the new chairman of the U.S. Securities and Exchange Commission, delivered a speech at a crypto roundtable meeting of regulatory agencies in Washington, D.C., which is his first public appearance since officially taking the position. He pointed out that the previous SEC management fostered uncertainty. "Unfortunately, due to market and regulatory uncertainty, innovation has been stifled in recent years, and unfortunately, the SEC has contributed to this uncertainty." Paul Atkins assured the crypto industry that he is ready to work with the U.S. Congress and the Trump administration to make regulations in this field clearer. In his view, a "reasonable framework" of regulation is key to promoting the development of the digital asset industry, including risk reduction.