At a speech to the University of Pennsylvania Law School’s Capital Markets Association on April 4, 2022, SEC Chair Gary Gensler took the opportunity to again promote his strong desire to add greater regulation and oversight to the digital asset and cryptocurrency markets. While reminding the audience of the SEC’s mission to protect investors, facilitate capital formation, and maintain fair, orderly, and efficient markets, Gensler added two additional policy considerations: guarding against illicit activity and maintaining financial stability. In this light, Gensler focused his remarks on three specific areas of concentration for the SEC: platforms, stablecoins, and crypto tokens.