[U.S. SEC Terminates 7 Crypto Registration Cases, Citing Resource Misallocation by Previous Administration] Foresight News reports, according to CoinDesk, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced the termination of 'enforcement-based regulation' and stated that the 7 crypto registration cases initiated by the previous administration represented a 'resource misallocation' and did not bring direct benefits to investors.