Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025.
Mark Uyeda, a Republican commissioner at the United States Securities and Exchange Commission, has suggested that he would prioritize regulatory clarity for cryptocurrencies if picked and confirmed as the next head of the agency.
Speaking to Fox Business on Nov. 22, Uyeda echoed many of President-elect Donald Trump’s talking points on digital assets, saying that the SEC under Chair Gary Gensler had waged a “war on crypto.” Gensler announced on Nov. 21 that he intended to step down as SEC chair on Jan. 20 — the same day as Trump’s scheduled inauguration.
“First off, from a regulatory perspective, we can provide the appropriate clarity,” said Uyeda. “Some crypto is not even a security at all, but we need to make clear whether you fall within SEC jurisdiction or not.”
