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Trump’s SEC and CFTC Appointments Reduce Crypto Market Volatility

Trump’s SEC and CFTC Appointments Reduce Crypto Market Volatility

Published:
2025-01-23 04:36:02
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Analysts have attributed the recent calm in the crypto market to President Trump’s appointment of new leadership at the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The new appointees, who are pro-crypto, are seen as a positive development for the industry. Mark Uyeda, a Republican SEC commissioner since June 2022, has been named the acting chair of the SEC, succeeding Gary Gensler. The crypto community is awaiting Senate approval of a permanent successor.

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