Insiders: Former SEC Chairman Gensler has a much more moderate private attitude towards cryptocurrency and has contributed to the concept of airdrops

ChainCatcher news, according to FinanceFeeds, former House Financial Services Committee Chairman Patrick McHenry stated that former SEC Chairman Gary Gensler has a much more moderate attitude towards digital assets in private than in public.

Patrick McHenry mentioned in the "American Cryptocurrency" podcast that in private discussions, Gensler expressed appreciation for the potential of blockchain and digital assets—this stands in stark contrast to his aggressive regulatory stance during his leadership at the SEC. McHenry recalled that Gensler often referenced his time at MIT, where he taught courses on blockchain and digital currencies, noting that he recognized the value of digital assets and understood blockchain technology.

Others who worked with Gensler during his academic career also confirmed this perspective. Sei Labs General Counsel Gerald Gallagher pointed out that Gensler contributed to the early conceptualization of token airdrops—a detail that is rarely mentioned in his public biography.