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Gary Gensler, the former chair of the SEC, had adopted a strict regulatory stance toward the cryptocurrency industry, leading to conflicts with the industry

Mark Uyeda is known for his pro-cryptocurrency stance and has criticized the SEC's approach to regulating cryptocurrencies under Gary Gensler's leadership

President Trump plans to nominate former SEC commissioner Paul Atkins as SEC chair, succeeding Gary Gensler, pending Senate confirmation

Gary Gensler resigned from his position as SEC Chair on January 20, 2025

On January 20, 2025, President Donald Trump selected Mark Uyeda to serve as interim chair of the U.S. Securities and Exchange Commission (SEC) following the departure of Gary Gensler

Paul Atkins, President Trump's SEC chair nominee, is known for his crypto-friendly stance and industry ties

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Mark Uyeda named interim SEC Chairman

Crypto news