President Donald Trump has appointed Mark T. Uyeda as Acting Chairman of the U.S. Securities and Exchange Commission (SEC), signaling a shift toward more crypto-friendly policies. This move comes with promises of clearer regulations to encourage innovation and boost economic growth.

Mark T. Uyeda, who has been with the SEC since 2006 and served as a Commissioner since 2022, expressed gratitude for his new role. He highlighted the importance of the SEC’s mission to protect investors, maintain fair markets, and foster capital formation to support innovation and economic progress.
In his words, “I am honored to serve in this capacity after serving as a Commissioner since 2022, and a member of the staff since 2006. I have great respect for the knowledge, expertise, and experience of the agency and its people.”
President Trump has also nominated Paul Atkins, a former SEC Commissioner known for his preference for lighter regulatory policies, as the permanent SEC Chair. However, Atkins’ appointment must be approved by the Senate, which could take several months. Until then, Uyeda will act as interim Chair.
Unlike former SEC Chair Gary Gensler, who described the cryptocurrency industry as chaotic and unregulated, Uyeda supports clearer rules and collaboration with the crypto sector. He criticized Gensler’s enforcement-heavy approach, calling it harmful to the industry.
Crypto advocates on their end have welcomed Uyeda’s leadership. Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), praised Uyeda for his competence and extensive experience in Washington. Giancarlo expressed optimism that Uyeda would restore trust in the SEC and promote economic growth.
Final Thoughts
Uyeda’s focus on collaboration and clear guidelines contrasts with his predecessor’s enforcement-driven strategy, generating optimism within the crypto community for improved regulation and innovation.
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