Odaily Planet Daily News: The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that the SEC is re-accelerating its efforts to advance cryptocurrency regulation to make up for previous shortcomings in policy development. He pointed out at an event at the University of Texas that regulatory agencies had failed to adapt in a timely manner to industry innovation trends in the past. Atkins said that since the Trump administration took office, the SEC's stance has become more open, with the establishment of a crypto working group, the withdrawal of multiple enforcement cases, and the launch of the "Project Crypto" initiative to promote updates to the regulatory framework. He emphasized that, compared to short-term price fluctuations, more attention is being paid to the application prospects of distributed ledger technology in payment, clearing, and settlement systems. Additionally, the SEC has approved WisdomTree's digital currency market fund to operate 24/7 trading and real-time settlement this week. Atkins also revealed that future plans include exploring the launch of tokenized bank deposit products. (The Block)