• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Mark Uyeda Becomes New Acting Chairman of SEC

user avatar

by Giorgi Kostiuk

2 months ago


Mark Uyeda has been appointed as the acting chairman of the SEC following the end of Gary Gensler's term, who led the agency since 2021.

Mark Uyeda's Appointment

Republican SEC Commissioner Mark Uyeda has been selected as the agency's new acting chairman. Notably, he was considered as a candidate for the top job in early November. Uyeda succeeds Gary Gensler, whose term concluded today.

Uyeda's Cryptocurrency Policy

Mark Uyeda has been a vocal critic of the 'regulation through enforcement' approach adopted by the Gensler administration. In one of his interviews, he described it as a disaster for the crypto industry. In December, Uyeda predicted eased cryptocurrency enforcement and greater clarity.

Regulation through enforcement has been a disaster for the crypto industry.None

Changes in CFTC

Caroline Pham, CFTC Commissioner, has been picked to serve as the agency's acting chair. She advocates for creating clear regulatory policies for the cryptocurrency industry, suggesting 'regulatory sandboxes' for fledgling crypto companies.

It remains to be seen who will become the permanent head of the SEC and CFTC. Caroline Pham and Brian Quintenz from Andreessen Horowitz are among the frontrunners for the CFTC chair position.

0

Share

Other news

BYDFi 5th Anniversary: Innovation and Web3 in Focus

BYDFi celebrates its 5th anniversary: history of growth and Web3 adoption.

user avatarGiorgi Kostiuk

a minute ago

Ethereum Price May Drop Due to Weak Stock Market

Analyst Benjamin Cowen predicts Ethereum's price may decline owing to stock market weakness and macroeconomic factors.

user avatarGiorgi Kostiuk

2 minutes ago

Trump's Tariffs Shake Crypto and Global Markets

Trump's tariffs caused a sharp drop in crypto and global markets: Fear Index plummets to 25.

user avatarGiorgi Kostiuk

2 minutes ago

Qubetics Cryptocurrency: Interoperability and Growth Potential

Qubetics offers unique blockchain interoperability and promises high growth potential.

user avatarGiorgi Kostiuk

3 minutes ago

Cryptocurrencies in National Reserve: US Initiative

Donald Trump's announcement of a US crypto reserve including Bitcoin and Ethereum sparks a global discussion on digital assets.

user avatarGiorgi Kostiuk

3 minutes ago

XRP Price Update: Preparing for a Downturn?

XRP holds near the $2 level; market analysis shows potential shifts in the crypto market.

user avatarGiorgi Kostiuk

9 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.