CoinVoice has recently learned, according to FinanceFeeds, that former House Financial Services Committee Chairman Patrick McHenry stated that former SEC Chairman Gary Gensler has a much more moderate attitude toward digital assets in private than in public.
Patrick McHenry stated in a (U.S. cryptocurrency) podcast that in private discussions, Gensler expressed appreciation for the potential of blockchain and digital assets—this sharply contrasts with his aggressive regulatory stance during his leadership at the SEC. McHenry recalled that Gensler often mentioned his time at MIT, where he taught courses on blockchain and digital currencies, recognizing the value of digital assets and understanding blockchain technology.
Others who have worked with Gensler during his academic career also corroborated this view. Sei Labs General Counsel Gerald Gallagher noted that Gensler contributed to the early conceptualization of token airdrops—a detail that is rarely mentioned in his public biography. [Original link]