Odaily News Paul Atkins, the new chairman of the U.S. Securities and Exchange Commission (SEC), said in a speech that the SEC will be more open to adapting to new developments in the crypto industry and will begin drafting relevant rule proposals to end the long-term regulatory uncertainty in the crypto market. He stressed that the SEC should return to its roots of promoting innovation rather than suppressing it, and pointed out that the market is constantly innovating and regulators should not hinder its development. At the same time, U.S. lawmakers are considering a proposed legislation aimed at clarifying the responsibilities of the SEC and the Commodity Futures Trading Commission (CFTC) in regulating digital assets. (Cointelegraph)