The Latest Breaking News from Mark Uyeda

Just a day after his designation as SEC Acting Chair, Mark Uyeda has already made a significant move in favor of the cryptocurrency industry, establishing a crypto Task Force to be led by none other than the community's beloved "Crypto Mom," Hester Peirce.

A Florida ETP provider has filed for $TRUMP, $DOGE, and $BONK ETFs, seeking to be the first issuer of memecoin ETFs in the United States – the filings were submitted just a day after Gary Genser left his Chair position at the SEC.

Uyeda seeks to end crypto enforcement actions solely based on a failure to register with no allegation of fraud, which could finally end Ripple's years-long legal battle with the US SEC.

U.S. President Donald Trump has designated new acting chairs for the SEC and CFTC in Mark Uyeda and Caroline Pham respectively – both of which are known for their criticism of enforcement-first crypto regulatory actions.

The crypto community is in high spirits after Donald Trump formally nominated Paul Atkins to lead the SEC after Gary Gensler steps down in January – many believe he will bring a much-needed revamp to the agency that has become a nemesis of digital assets under Gensler.

Gensler oversaw a turbulent time for the Securities and Exchange Commission as it battled with crypto firms and Wall Street.

Uyeda signaled that SEC chair Gary Gensler's time is nearing its end.

While Trump in July promised to fire Gensler on day one of his second administration, he technically can’t remove Gensler (without cause) until his term ends in 2026.

While the SEC approved Bitcoin ETF trading, the confusion right before the announcement shows disagreements within around the decision.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.