The encryption advocacy organization calls on the SEC to immediately review encryption-related lawsuits after Trump takes office.

BlockBeats news, on December 19th, according to Cointelegraph, an encryption advocacy organization has called on the United States Securities and Exchange Commission (SEC) to review all existing investigations, Wells notices, and ongoing litigations related to encryption on the “first day” of the Trump administration. The Token Alliance of the Digital Chamber of Commerce stated in a declaration that the new U.S. government will provide an opportunity for the SEC to reset its historically problematic relationship with the digital asset industry. It is noteworthy that Paul Atkins, the SEC chairman nominee nominated by Trump, is a member of the advisory council of the alliance. “We need to cultivate a culture of mutual trust - to make the digital asset industry confident in the intentions of the SEC, while also making the SEC realize that the majority of digital asset participants are working hard to operate responsibly,” the alliance stated in its declaration on December 18th.