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SEC Chair Candidate Mark Uyeda Calls for Crypto "Regulatory Sandbox"

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2024-11-24 00:58:33
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 between Congress, the White House, and regulators.
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