Despite the government shutdown, Atkins told reporters that working on this exemption remains a “top priority.” The plan is something he was hoping to have “squared away.” CoinDesk initially reported his remarks.
“That’s one of the top priorities to try to get that because I want to be welcoming to innovators and have them feel like they can do something here in the United States, so that they don’t have to flee to some foreign jurisdiction.”
He referred to how critics accused the previous Biden Administration, labelling it “regulation by enforcement” to police the digital asset market.
On Tuesday, Atkins related how the crypto industry had faced “four years at least, of repression,” resulting in “pushing things abroad, rather than having innovation being done.” He spoke at an event hosted by the law firm Katten Muchin Rosenman LLP in midtown Manhattan.
