During his keynote speech at the 27th annual Financial Markets Conference, SEC Chairman Gary Gensler emphasized the importance of adhering to existing rules and guidelines. He also addressed concerns that the SEC has not provided sufficient guidance to crypto companies seeking compliance with federal law. While the conference primarily focused on broader financial market issues, the discussion turned to digital assets when moderator Tom Barkin inquired about the ongoing court case involving Coinbase and the SEC’s enforcement efforts in the crypto space. Gensler warned against fraudulent business models prevalent in the industry and offered assistance to crypto firms struggling with compliance. However, critics expressed skepticism about the agency’s outreach, highlighting the absence of a formal registration process with the SEC.