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SEC Commissioner Mark Uyeda Opposes Crypto Audit Trials, Here’s Why

Gary Gensler, Chairman of the SEC, and five other SEC commissioners will testify before the House Financial Services Committee. Prior to this, SEC Commissioner Mark Uyeda, who is supportive of cryptocurrencies, opposed the implementation of the consolidated audit trail (CAT) for cryptocurrencies due to concerns over privacy and tracking of investors' sensitive data.

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