Opposing viewpoints on how regulators keep pace with technology were on view as a US House panel on Thursday examined different approaches to digital asset regulation at the Securities and Exchange Commission (SEC).

One viewpoint evident at the hearing of the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, was voiced by ranking member and Massachusetts Representative Stephen Lynch who said he “wholly embraced” the idea that innovative technology could be used for “tremendous good,” but expressed concern with “recent regulatory developments” in the United States. 

“Under the Trump administration […] the SEC has dismantled several of the teams that…