Paul Atkins, the Trump administration’s pick to lead the Securities and Exchange Commission, said regulation of crypto will be a top priority if confirmed as chairman.

In prepared remarks ahead of a confirmation hearing Thursday morning before the Senate Committee on Banking, Housing, and Urban Affairs, Atkins took aim at “ambiguous and non-existent” digital asset regulation that has hindered market growth.

“Since 2017, as I have led industry efforts to develop best practices for the digital asset industry, I have seen how unclear regulation creates uncertainty and inhibits innovation,” Atkins said.

“A top priority of my chairmanship will be to work with my fellow Commissioners and Congress to provide a firm regulatory…