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SEC’s Uyeda Says Dropping Crypto Cases Helps Protect Agency Credibility

SEC Commissioner Mark Uyeda said the agency dropped some crypto lawsuits partly to protect its credibility, arguing that regulators should not defend legal positions they expect to abandon.

CryptoRank

Publisher

Sep 23, 2026 at 10:30 PM UTC · 1 Min. Lesezeit

SEC’s Uyeda Says Dropping Crypto Cases Helps Protect Agency Credibility
Image via CryptoRank

SEC Commissioner Mark Uyeda said the agency dropped some crypto lawsuits partly to protect its credibility, arguing that regulators should not defend legal positions they expect to abandon.

Speaking on Sept. 23, Uyeda said continuing to defend those positions in court could weaken confidence in the agency if its legal interpretation later changes. His comments were reported by Eleanor Terrett, host of the U.S. podcast Crypto in America.

SEC Moves Toward Rulemaking

Uyeda described the change as a “180-degree sh…

Read The Full Article SEC’s Uyeda Says Dropping Crypto Cases Helps Protect Agency Credibility On Coin Edition.

Why this matters

The SEC’s decision to drop crypto lawsuits could alter how ongoing and future enforcement actions are assessed by courts and market participants. Uyeda’s comments signal a potential shift toward rulemaking, which could reduce reliance on contested legal theories but leave firms awaiting clearer formal standards.

#crypto#government-policy

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Originally reported by CryptoRank

NewsLayer coverage based on externally reported material.

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