Cryptocurrency advocacy organization urges SEC to reconsider cryptocurrency investigations and lawsuits on the first day of Trump's administration

Odaily Planet Daily News - A cryptocurrency advocacy organization is urging the U.S. Securities and Exchange Commission (SEC) to immediately review all existing cryptocurrency-related investigations, Wells notices, and ongoing lawsuits on the 'first day' of the Trump administration. The Token Alliance of the Digital Chamber stated in a release that the new U.S. government will provide the SEC an opportunity to reset its 'historically problematic relationship' with the digital asset industry. Notably, Paul Atkins, the SEC chair nominee by Trump, is one of the members of the advisory committee of this alliance. 'We need to cultivate a culture of mutual trust - allowing the digital asset industry to have confidence in the SEC's intentions while also letting the SEC recognize that the majority of digital asset participants are working to operate responsibly,' the alliance stated in a release on December 18. (Cointelegraph)