PANews reported on November 24 that according to Crypto Briefing, US SEC Commissioner Mark Uyeda advocated in an interview to establish a safe harbor and regulatory sandbox to promote cryptocurrency innovation. Uyeda is a potential candidate for the chairman of the US SEC under the Trump administration, and he emphasized the need to end the so-called "cryptocurrency war" of Trump and establish clearer regulatory guidelines. Uyeda said: "Many crypto assets are not securities, but have been labeled as such." He stressed the importance of cooperation between Congress, the White House, and regulatory agencies in establishing a comprehensive framework for the industry. Uyeda pointed out that the next chairman needs to address the regulatory challenges of multiple administrative agencies.
Previous news indicated that a lawyer said SEC Commissioner Mark Uyeda is very likely to become the next chairman of the agency.
