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US SEC Chairman nominee Mark Uyeda calls for the establishment of a crypto "regulatory sandbox"

US SEC Chairman nominee Mark Uyeda calls for the establishment of a crypto "regulatory sandbox"

Bitget2024/11/24 01:34

In an interview, Mark Uyeda, a member of the U.S. Securities and Exchange Commission (SEC), advocated for the establishment of "regulatory sandboxes" and "safe harbors" to promote innovation in the cryptocurrency industry.

He emphasized that the so-called "war on cryptocurrencies" should end, providing clearer regulatory guidance for the market. Uyeda is one of the potential SEC chair nominees under Trump's administration, advocating for a comprehensive industry framework through cooperation between Congress, White House and regulatory agencies.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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