Gensler steps down, Trump appoints Mark Uyeda as SEC Chairman, a major shift in the financial sector!!!
Trump has appointed Mark Uyeda as the acting chairman of the SEC, marking a significant change in the regulatory direction of the U.S. Securities and Exchange Commission. As a cryptocurrency-friendly official, Uyeda has criticized the SEC for its lack of clear guidance in handling digital assets, and his appointment may signal a more transparent and lenient regulatory environment for the cryptocurrency industry. It is reported that the SEC may stop taking new enforcement actions against unregistered cryptocurrency companies and review current related lawsuits, including those involving Coinbase, Kraken, and Ripple. This is undoubtedly a positive policy adjustment for the crypto industry. With the establishment of a new regulatory benchmark, the rules of the market will also become clearer.
