Was Former SEC Chairman Gary Gensler Secretly Supporting Cryptocurrencies? Bitcoin Supporter US House Speaker Reveals!

By: cryptonews|2025/05/15 00:30:06
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A surprising claim has been made about former SEC Chairman Gary Gensler, who was frequently criticized for his negative approach to Bitcoin and cryptocurrencies. Former U.S. House Financial Services Committee Chairman Patrick McHenry said Gensler was not specifically against cryptocurrencies. Noting that Gensler's stance on cryptocurrencies is very different from his private life, McHenry said his public stance stems from political concerns. McHenry noted in an interview with Crypto in America host Eleanor Terrett that Gary Gensler is less anti-crypto in private than he is in public. McHenry was asked if Gensler was truly against crypto, or was he just as against it in private as he was in public? McHenry suggested in a recent post by Terrett on X that Gensler’s public stance was influenced by Senate politics and confirmation dynamics. “No... No. “I think Gensler's public stance on cryptocurrencies has more to do with Senate politics and confirmation politics.” During Gensler's tenure, which began in 2021 and ends in January 2025, the SEC took an aggressive regulatory stance against cryptocurrencies. The SEC’s hostile stance has led to Gensler and his team being heavily criticized by industry leaders, with Coinbase CEO Brian Armstrong saying the exchange would cut ties with law firms that employ former SEC officials and would no longer work with them. *This is not investment advice.

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LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

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