The prominent crypto advocacy group argued the US Securities and Exchange Commission for reconsideration of all active investigations, cases and Wells notices on crypto, a request seen as apparently foreshadowing the change in regulatory regimes as the country readies itself for the Donald Trump administration.
The group pointed at the troubled history of the digital asset sector with the Commission. They underlined that the transparency, cooperation, and clear rules will go long in fostering trust between regulators and the crypto industry. Most market participants committs to acting responsibly, and they insisted that the SEC should give due recognition to this commitment.
Trump’s pick for SEC Chair, Paul Atkins, seen as a crypto-friendly veteran. Alongside Commissioners Hester Peirce and Mark Uyeda, Atkins is also a key figure in reshaping the agency’s approach to digital assets. Critics have long accused the SEC of stifling innovation with unclear and inconsistent guidelines.
The group demanded an end to regulation through enforcement. They called for removing outdated speeches, letters, and informal guidance that confuse market participants. Instead, they advocate for clear no-action letters, bespoke rules, and sensible Commission statements to provide clarity.
What’s Next for the crypto market?
The advocacy group’s Token Alliance Leadership Committee is driving efforts to influence the SEC’s new leadership. This week, committee members met with SEC staff to present a detailed agenda of policy priorities.
Their 2025 SEC Digital Asset Policy Priorities outline a timeline for reform from Day 1 to Day 90 of Trump’s administration. The plan includes critical actions for each SEC division to rebuild trust with the crypto community.
They welcomed any openness on the part of the staff at the SEC and willingness to engage them. With that, of course, dialogue will continued and both sides are working forward to form a clearer look towards their future together in the Digital Asset market.
The crypto world is carefully watching for the new chapter that fosters innovation and brings in some regulatory clarity. It now remains to be seen if the SEC can actually do such things.
