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Gensler resigns as Mark Uyeda becomes acting SEC chair

Gary Gensler’s resignation from the SEC signals a turning point for crypto regulations in the US. Mark Uyeda will serve as Acting Chair until Paul Atkins is confirmed by the Senate. At the CFTC, Caroline Pham takes over following Rostin Behnam’s exit, further indicating a shift towards pro-crypto policies.

With new appointments, pro-crypto sentiment is expected to grow among regulators. Uyeda and Pham advocate for a more accommodating environment for digital assets, which may foster innovation and change in the regulatory landscape.

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