Gary Gensler returns to MIT after his tenure at the SEC, focusing on AI, fintech, and public policy. Negative reactions follow his appointment.
Gary Gensler, the former head of the U.S. Securities and Exchange Commission (SEC), has returned to the Massachusetts Institute of Technology (MIT) after four years of overseeing financial markets and digital currencies. According to the university’s statement, the 67-year-old Gensler will work as an initiative director at FinTech AI @CSAIL alongside Professor Andrew W. Lo, focusing on artificial intelligence, fintech, and public policy. This appointment was met with negative reactions from some digital currency industry players. Devin Walsh, the executive director of the Uniswap Foundation, deemed this decision shameful due to Gensler’s strict approach towards digital currencies during his time at the SEC.
