Insiders: If Gary Gensler does not approve ATS regulation for decentralized projects before leaving office, the SEC may abandon it

The Chairman of the U.S. Securities and Exchange Commission, Gary Gensler, has stated that he will resign when Trump takes office next January, which may affect some regulatory rules in the process. The U.S. Securities and Exchange Commission previously established a rule potentially circulating in the cryptocurrency industry called 'Regulation ATS', which reopened for public comment this April, aiming to expand the definition of exchanges and possibly requiring decentralized projects to register with the agency as alternative trading systems. However, Miller Whitehouse-Levine, CEO of the DeFi Education Fund, believes that if Gary Gensler does not adopt the ATS regulations before Trump's inauguration, it is unlikely that the regulations will be confirmed in the same manner in the future, 'or they may discard it altogether', but it depends on what the priorities of the U.S. Securities and Exchange Commission are.