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Acting SEC Chair Uyeda Challenges Proposed Rule On Crypto Trading Venues

  • Acting SEC Chair Mark Uyeda plans to revise a proposed rule on crypto trading venues.
  • The original proposal faced opposition from major players like Coinbase.
  • Uyeda believes the SEC made a misstep by equating regulation of Treasury markets with oversight of the crypto market.
  • Crypto market experiences price declines amid broader economic concerns related to President Trump's tariff policies.

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