Crypto

Uyeda Reveals Why SEC Dropped Crypto Lawsuits

Guavy AI Editorial Team Published September 24, 2026

SEC Commissioner Mark Uyeda stated that dismissing multiple crypto-related lawsuits inherited from the previous administration was necessary to preserve the regulator's credibility.

The decision came as the SEC is preparing for a significant shift in legal interpretation, which would render the old positions obsolete.

'A 180-degree shift' in their approach to regulating cryptocurrency is underway at the SEC, according to Uyeda.

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