Golden Finance reported that it was previously reported that the Trump team is reviewing some pending encryption enforcement cases by the U.S. Securities and Exchange Commission (SEC) and is expected to comprehensively reform encryption policies and may freeze some lawsuits that do not involve fraud allegations. According to Bloomberg, relevant officials are still discussing whether to include a directive to require all government agencies to review policies on digital assets and possibly suspend any litigation involving cryptocurrencies. Legal action against companies ranging from Binance Holdings Ltd. to startup Ripple Labs Inc. is a top priority for the industry. However, people familiar with the matter warned that the executive order, which may be issued as early as next Monday, has not yet been finalized and may be revised before it is made public. Trump's representatives did not immediately respond to a request for comment.