Patrick McHenry revealed that Gary Gensler was more supportive of crypto in private than publicly, influenced by Senate politics and confirmation dynamics.
The difference in Gensler’s views could influence future regulatory frameworks, enhancing clarity and potentially benefiting the evolving digital asset market.
McHenry criticized Gensler for enforcing strict policies and misleading Congress regarding Ethereum’s classification, claiming his legacy tarnished the SEC’s reputation.
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