Odaily Planet Daily News: U.S. SEC Chairman Paul Atkins said in a speech today: "In order to keep pace with the progress of the innovation theme and the encryption working group, we have asked Congress to re-plan and approve the integration of the functions of the agency's Innovation and Financial Technology Strategic Center (FinHub) into other departments of the agency. FinHub was established in 2018, at a critical time in the development of emerging technologies. The rapid development of distributed ledger technology (including digital assets, artificial intelligence and machine learning) requires the U.S. SEC to focus on deepening its understanding. Unfortunately, the financial hub is seen by many as a law enforcement tool rather than a tool to promote innovation. In addition, in terms of its current composition, the financial hub is too small to operate effectively and improve efficiency, and the expertise of employees can be better utilized in other departments of the agency.