U.S. SEC Chair Aims to Position America as Cryptocurrency Powerhouse

SEC Chair Paul S. Atkins declared that the U.S. is poised to become the global leader in cryptocurrency regulation, urging a shift away from past enforcement tactics. He criticized the previous approach of investigations, subpoenas, and legal action for its inefficacy and detrimental impact on innovation, capital investment, and jobs. He believes this era has ended, paving the way for the U.S. to dominate the global crypto market.