Mark Uyeda Appointed Acting Chair of SEC While Paul Atkins Awaits Approval. Mark Uyeda has been appointed as the acting chair of the cryptocurrency industry's main regulator follo

Near-term trends remain hinged on the SEC’s appeal strategy. If the agency pauses or withdraws its appeal in the Ripple case, XRP could break above its all-time high of $3.5505. Conversely, XRP could drop below $2.5 if the SEC pursues its appeal, challenging the Programmatic Sales ruling.

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.