Former US Congressman Patrick McHenry said that former SEC chairman #GaryGensler showed a more balanced attitude towards cryptocurrencies in private conversations than in public speeches.
During private meetings, he recognized the potential of #DigitalAssets and blockchain technologies, which he had previously devoted to research at the Massachusetts Institute of Technology. Gerald Gallagher, General Counsel at Sei Labs, recalled that the former head of the #SEC participated in the development of the airdrop concept - the direction remained a "forgotten page" of his academic career.
However, after being appointed chairman of the Commission, Gensler's position became sharply tougher, McHenry noted, linking the position of the former head of the SEC with "Senate politics and lobbying," rather than a real attitude.