- SEC Chair says U.S. is 10 years behind on crypto.
- Catching up is now the agency’s top mission.
- Signals possible regulatory clarity on the horizon.
SEC Chair: Catching Up on Crypto Is ‘Job One’
In a candid admission, SEC Chair Paul Atkins stated that the United States is a decade behind in developing clear regulations for the crypto industry. Calling it the agency’s “job one,” Atkins emphasized that catching up on digital asset oversight is now a top priority for the Securities and Exchange Commission.
The remarks highlight growing recognition within Washington that outdated or unclear regulatory frameworks are stifling innovation and pushing crypto projects abroad.
Regulatory Delay Costs the U.S. Leadership
For years, crypto startups and investors have called for regulatory clarity in the U.S., but progress has been slow. While other regions like the EU and parts of Asia have rolled out comprehensive digital asset rules, the U.S. has relied largely on enforcement-based approaches — often after innovation has already happened.
Atkins’ statement may signal a shift in tone and approach. By prioritizing crypto policy, the SEC could help rebuild trust with the Web3 sector and finally provide a stable legal environment for digital asset development and investment.
What This Could Mean for the Industry
If the SEC follows through on this renewed focus, the industry could soon see clearer guidelines around token classification, DeFi , stablecoins, and crypto exchanges. This could unlock significant institutional participation and reduce legal uncertainty for developers.
While it’s unclear how fast progress will come, the message is clear: U.S. regulators are waking up to the fact that crypto isn’t going anywhere — and they can no longer afford to fall behind.
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