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It's Official: Gary Gensler Is Out at the SEC, and Crypto-Friendly Mark Uyeda Is In

President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.

By Jesse Hamilton|Edited by Nikhilesh De

Jan 20, 2025, 9:47 p.m.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk) — Gary Gensler's chairmanship at the U.S. Securities and Exchange Commission is officially ended, temporarily replaced by Mark Uyeda. (Jesse Hamilton/CoinDesk)