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US senators from both parties sent a letter to acting SEC Chairperson Mark Uyeda urging a reassessment of the issue of crypto ETF staking as important to blockchain security and investor interests. The letter was led by Republican Senator Cynthia Lummis and supported by Democratic Senators Kirsten Gillibrand and Ron Wyden.
Mark Uyeda, acting chairperson of the Securities Exchange Commission (SEC), has established a cryptocurrency task force "dedicated to developing a comprehensive and clear regulatory framework for cryptocurrency assets". Commissioner Hester Peirce will lead the task force. The focus of the task force will be to help the Commission draw clear regulatory boundaries, provide a practical path to registration, develop a reasonable disclosure framework, and deploy enforcement resources wisely.
According to market news, acting SEC Chairperson Mark Uyeda has announced the establishment of a new crypto task force.
The new appointment document released by the White House shows that Mark Uyeda will serve as the acting chairperson of the Securities Exchange Commission (SEC). It is reported that Uyeda is a Republican member and has served as an SEC commissioner since June 30, 2022. Before becoming an SEC commissioner, Uyeda served at the SEC for more than 15 years. FOX Business previously reported that Mark Uyeda wants to help Trump fulfill his promise to end the Biden administration's so-called "cryptocurren...
In an interview, Mark Uyeda, commissioner of the US Securities Supervision Commission (SEC), advocated for the establishment of "regulatory sandboxes" and "safe harbors" to promote innovation in the crypto industry. He stressed that the so-called "war on cryptocurrencies" should be ended to provide clearer regulatory guidance to the market. Uyeda, one of the Trump administration's potential nominees for SEC chairperson, advocates for a comprehensive industry framework through collaboration betwe...
Securities Exchange Commission (SEC) Commissioner Mark T. Uyeda urged the United States to take a more proactive approach to cryptocurrency regulation, noting that Indo-Pacific countries such as Japan, Singapore, and Hong Kong have taken the lead. He emphasized that these countries have clear frameworks that promote innovation while protecting investors, while the United States has left market participants mired in uncertainty due to unclear guidelines.
Mark Uyeda, a commissioner at the Securities Exchange Commission, said the way the commission regulated cryptocurrencies was a "disaster" and that the agency had "done nothing" to clarify the rules.
SEC Commissioner Mark Uyeda said in a Fox Business News interview that the agency's crypto policies and methods "have been a real disaster for the industry over the last few years." Asked what different steps the S.E.C. could or should take, Mr. Uyeda said, "There needs to be some clear guidance and explanation of what is and is not covered by securities law."
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