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International Business Times UK
International Business Times UK
Niloy Chakrabarti

XRP Prices Rise On Trump Naming Mark Uyeda As Acting SEC Chief Who Wants To End 'War On Crypto'

Mark Uyeda SEC Ripple Donald Trump Crypto XRP Gary Gensler Brad Garlinghouse United States
Ripple prices have jumped over 400% since the November 2024 US elections (Credit: Rūdolfs Klintsons/Pexels.com)

Ripple's XRP prices increased to £2.56 ($3.14) at 7:25 a.m. ET on 21st January after momentarily retreating to £2.47 ($3.02) after US President Donald Trump named pro-crypto Mark Uyeda the acting chair of the Securities and Exchange Commission (SEC).

Uyeda will oversee the commission until Paul Atkins takes over permanently. The two have previously worked together and share a good relationship.

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