U.S. Securities and Exchange Commission (SEC) official Mark Uyeda has called for a shift in the agency’s handling of cryptocurrency regulations.

The sentiment from the commissioner, a member of the Republican party, aligns with President-elect Donald Trump’s campaign promise to halt the Biden administration’s aggressive stance towards the digital asset industry.

Pause in SEC’s Enforcement Approach

In a recent interview with Fox Business, Uyeda reiterated the need for the SEC to stop enforcement actions against non-fraud cases lodged against various crypto firms.

“The Commission’s war on crypto must end, including crypto enforcement actions solely based on a failure to register with no allegation of fraud or…