Opinion: If Gary Gensler does not adopt ATS regulations before Trump's inauguration, the SEC may be abolished

ChainCatcher news, according to The Block, U.S. Securities and Exchange Commission Chairman Gary Gensler has indicated that he will resign in January when Trump takes office, which may impact some regulatory rules in the process.

The U.S. Securities and Exchange Commission previously formulated a rule that could circulate in the cryptocurrency industry, called "Regulation ATS," which reopened for public comment this April, aiming to expand the definition of exchanges and potentially requiring decentralized projects to register with the agency as alternative trading systems.

However, DeFi Education Fund CEO Miller Whitehouse-Levine believes that if Gary Gensler does not adopt the ATS regulation before Trump takes office, it may not be confirmed in the same way in the future, "or they could scrap it altogether," but it depends on what the priorities of the U.S. Securities and Exchange Commission are.