[SEC Chairman: The U.S. Missed the Window for Crypto Regulation, Now Accelerating Rule Modernization] Odaily Planet Daily reports that Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that the SEC is accelerating its efforts in the crypto regulatory space to make up for previous shortcomings in policy development. Speaking at an event at the University of Texas, he noted that regulators had failed to adapt to industry innovation trends in a timely manner. Atkins said that since the Donald Trump administration took office, the SEC has adopted a more open stance, establishing a crypto task force, withdrawing several enforcement cases, and launching the "Project Crypto" initiative to update the regulatory framework. He emphasized that, rather than focusing on short-term price fluctuations, he is more interested in the application prospects of distributed ledger technology in payment, clearing, and settlement systems. Additionally, the SEC this week approved WisdomTree's digital currency market fund to enable 24/7 trading and instant settlement. Atkins also revealed plans to explore the launch of tokenized bank deposit products in the future. (The Block)