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

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Bitcoinist 1w ago

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

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.