Source: Blockchain Knight

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda was appointed by U.S. President Trump as acting chairman of the regulatory agency on January 20.

At the same time, the U.S. Securities and Exchange Commission issued a statement announcing the formal resignation of Chairman Gary Gensler.

Uyeda will lead the regulator until June 5, 2026, when Gensler officially steps down and Paul Atkins, the nominated permanent head, takes over.

In addition, Trump appointed Atkins to the Securities and Exchange Commission until he becomes permanent chairman next year.

Uyeda has long been an active advocate of digital assets. He has repeatedly called on regulators to take a more proactive approach to the industry over the years.

In October last year, Uyeda said during an appearance on the Fox Business show "Mornings with Maria" that the SEC had created huge uncertainty, forcing the courts to step in and make the decision. Inconsistent ruling.

Uyeda added at the time: "There is growing frustration with the lack of guidance on what is allowed and how to comply with securities regulations."

Additionally, on September 16, 2024 In a statement issued, Uyeda and SEC Commissioner Hester Peirce criticized the SEC’s approach to NFTs, citing the enforcement actions against the FlyfishClub series as an example.

Flyfish Club is a catering establishment that sells NFT tickets to gain exclusive access to upcoming bars and restaurants. The operation generated $17.5 million through primary sales and royalties.

In the statement, the committee members believed that these NFTs should be classified as utility tokens rather than securities.

Uyeda and U.S. Securities and Exchange Commission Commissioners Peirce and Caroline Crenshaw also issued a joint statement regarding Gensler's resignation.

Commissioners praised Gensler for his dedication and collaborative approach, emphasizing the dignity with which disagreements are handled, especially with regard to the Crypto asset industry.

They noted: "Chairman Gensler has been committed to bipartisanship and a respectful exchange of ideas that helps advance our service to the American public."

Gensler announced in 2024 He resigned on November 21, 2016, less than two weeks before the US election.

It is worth noting that Trump vowed to fire the former SEC chairman on his first day in office.