SEC Chair Paul Atkins criticized the previous regulatory approach to cryptocurrency under Gary Gensler, labeling it a “big missed opportunity for the United States.” Atkins emphasized that the SEC is now focused on quickly advancing crypto regulation to recover lost ground, reflecting a shift toward more innovation-supportive policies since his appointment after Gensler’s tenure. He pointed out that Gensler’s framework was overly restrictive and detrimental to the U.S. competitiveness in the digital asset market.
SEC Chair Paul Atkins Calls Prior Crypto Regulation a Missed Opportunity
