By Chris Prentice (Reuters) -Newly sworn-in President Donald Trump has tapped Mark Uyeda, a Republican member of the U.S. Securities and Exchange Commission, to be acting chair of the agency, the White House said on Monday.

President Donald J. Trump has named SEC Commissioner Mark T. Uyeda as the agency’s acting chair. Uyeda, a Republican commissioner since 2022, will lead the SEC until Paul Atkins, Trump’s pick for SEC chair, is confirmed by the Senate. Gary Gensler, who led the SEC in the Biden administration, left office Jan. 20.

Uyeda will serve as the interim head of Wall Street’s top cop while Trump’s pick for permanent chair, Paul Atkins, waits to be confirmed by the Senate.

Mark Uyeda’s appointment as the new chairman of the Securities and Exchange Commission (SEC) marks a pivotal moment for the regulatory landscape of cryptocurrencies in the US. As Gary Gensler steps down,

Donald Trump appoints Republican SEC Commissioner Mark Uyeda as acting chair. Uyeda, known for his pro-crypto stance, has criticized the SEC’s regulatory overreach. He has