President Donald Trump named Mark Uyeda, a Republican member of the U.S. Securities and Exchange Commission (SEC), acting chair of the agency.
What Happened: The White House confirmed Uyedas’s role as acting chair of the agency.
Trump picked former SEC Commissioner Paul Atkins to oversee the SEC permanently, but Congress must approve the nomination.
Also Read: Bitcoin Traders Eye $130,000 Target In Late January
Uyeda temporarily takes over duties from Gary Gensler, former President Joe Biden‘s SEC chair, who prosecuted cryptocurrency-related companies like Coinbase and Ripple …
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