Digital Chamber Lays Out Key Agenda for New SEC Administration in Crypto Push

• The TDC has called for the incoming SEC leadership to make sweeping U-turns on anti-crypto policies and enforcement actions.
• The group has urged for spot Solana, Ripple, and other altcoin ETFs to be approved and token staking to be enabled.
• It urges digital assets to be classified under clearer rules or a better standard than the Howey Test.

The Digital Chamber of Commerce’s (TDC) crypto advocacy group, the Token Alliance, is calling on the incoming Securities and Exchange Commission (SEC) leadership to end its enforcement-only approach to crypto regulations, which includes reviewing all crypto-related investigations.

A New Era for U.S. Crypto

According to the TDC  update , Trump’s appointment as president has created an opportunity for the U.S. to “reset its historically troubled relationship” with the world’s digital asset industry.

The aim? To usher in a new era of “well-reasoned regulation,” clarity , and “foster a culture of mutual trust.”

Praising Trump’s nomination of Paul Atkins as SEC Chair, the pro-crypto group notes that if appointed, he would join sitting SEC Commissioners “ crypto mom ” Hester Pierce and Mark Uyeda, who have both been critical of the SEC’s enforcement actions on crypto.

30 to 90 Days

Within the first 30 days, the TDC called for “an immediate review” of all investigations, Wells notices, and  litigation cases .

This includes bringing an end to all cases that don’t involve fraud or immediate harm.

This also includes finalizing the definition of “when a digital asset implicates the securities law,” which should be assessed under tests “more precise” than the current standard , the Howey Test.

Another “critical” change is the to pull back SAB-121 , a controversial rule imposed by the SEC in 2022 that restricts traditional financial services for crypto companies.

This also includes amendments to rule 3b-16, which could have major implications for decentralized finance (DeFi) as it would expand the “exchange” definition to DeFi.

One of the notable “30 to 90-day” aspirations is to have additional spot crypto exchange-traded fund ( ETF ) applications approved for Ripple (XRP), Solana (SOL), and others.

This also includes allowing ETF issuers to stake tokens, which had been ruled out for Ethereum ETFs.