PANews reported on January 15 that according to Reuters, the Trump administration's SEC team reviewed some crypto enforcement cases pending in court and is expected to comprehensively reform crypto policies, possibly freezing some lawsuits that do not involve allegations of fraud.

People familiar with the matter said that the top Republican officials of the SEC are ready to start reforming the agency's cryptocurrency policy as early as next week after Trump takes office. The measures being considered by Commissioners Hester Peirce and Mark Uyeda include launching relevant procedures to eventually formulate guidance or rules to clarify when the agency considers cryptocurrencies as securities and reviewing some cryptocurrency enforcement cases currently pending in court.