Industry insiders: If Gary Gensler does not approve ATS supervision for decentralized projects before leaving office, the US SEC may give up
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2024-12-26 17:03 9,467
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Golden Finance reports that US Securities and Exchange Commission Chairman Gary Gensler has stated that he will resign when Trump takes office in January next year, which may have an impact on some regulatory rules in the process. The U.S. Securities and Exchange Commission previously developed a rule that may circulate in the cryptocurrency industry, called "Regulation ATS." It reopened for comment in April this year, aiming to expand the definition of exchanges and may eventually require decentralized projects to operate in the industry. The institution registers as an alternative trading system. However, Miller Whitehouse-Levine, CEO of the DeFi Education Fund, believes that if Gary Gensler does not adopt the ATS regulations before Trump takes office, the regulations may not be confirmed in the same way in the future, "or they can scrap it altogether," but Depends on what the SEC's priorities are.