Crypto Attorney: US SEC Commissioner Mark Uyeda Likely to Become Agency's Next Chairman

On Nov. 7, as Donald Trump prepares to take office as U.S. president in January 2025, the crypto community is speculating on the most likely candidate to lead the SEC. Crypto attorney Jake Chervinsky said on Platform X that U.S. SEC Commissioner Mark Uyeda is seen as a strong candidate for the position. Uyeda is known for criticizing current SEC Chairman Gary Gensler's approach to crypto regulation, calling Gensler's policies “a disaster for the entire industry” in October. “. 
Uyeda, who was appointed to the U.S. SEC on June 30, 2022, has consistently opposed enforcement-driven cryptocurrency regulation, winning the support of industry advocates seeking a more collaborative approach. 
Additionally, Chervinsky said that the likelihood of Hester Peirce taking the helm is “very low” and that Trump may want to choose someone other than Uyeda to lead the US SEC during his tenure. the attorney emphasized that Trump's primary crypto policy focus must be to end Biden's The lawyer emphasized that Trump's primary crypto policy priority must be to end Biden's attempts to “destroy the industry through enforcement regulation.”