Gary Gensler Is Out at the SEC, and Crypto-Friendly Mark Uyeda Is In
Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on President Donald Trump’s pick for the permanent role, Paul Atkins.
Acting Chair Uyeda, who has been a clear supporter of relaxing the regulator’s pursuit of the crypto industry alongside fellow Republican Commissioner Hester Peirce, once served Atkins as a counsel at the agency. Atkins, who was formally nominated hours after Trump was sworn in on Monday, is a former commissioner who has developed ties to crypto in his Washington consulting business.
Uyeda has expressed his own strong views about the SEC’s role regarding digital assets. He’s routinely criticized the commission’s majority on moves to…
