BlockBeats news, on December 19, according to Cointelegraph, a crypto advocacy organization called on the U.S. Securities and Exchange Commission (SEC) to immediately review all existing crypto-related investigations, Wells notices, and ongoing lawsuits on the 'first day' of the Trump administration.
The Digital Chamber's Token Alliance stated 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 board of this alliance.
'We need to cultivate a culture of mutual trust—allowing the digital asset industry to be confident in the SEC's intentions while also making the SEC aware that most digital asset participants are striving to operate responsibly,' the alliance stated in a release on December 18.