SEC Commissioner Mark Uyeda Backs Trump Pro-Crypto Stance As Gensler’s Reign Nears End

Quick Summary:

Mark Uyeda, a commissioner at the US Securities and Exchange Commission (SEC), has expressed full support for US President-elect Donald Trump’s plan to end the hostility against the crypto industry.

In no equivocal terms, Donald Trump has vowed to fire Gary Gensler as SEC Chair on his first day in office.

Coinbase and Ripple, for offering unregistered securities as the Commission Chair believes that all cryptocurrencies except Bitcoin and Ethereum are classified are to be securities.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets: Hungary

Topics: Ripple Coinbase Donald Trump Gary Gensler SEC Mark Uyeda

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 23:00:48 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23484600

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

Coverage Areas: Hungary

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