The crypto market could use some "disinfectant," said Securities and Exchange Commission Chair Gary Gensler, making his latest dig at the industry.

During a speech on Friday at the Columbia Law School conference, Gensler spoke about the need and benefits of disclosures in general in the financial markets, such as on climate and cyber risks. Gensler said that disclosures provide for more efficient markets and ultimately protect investors. 

"There are participants in crypto securities markets that seek to avoid these registration requirements," Gensler said in his prepared remarks. "No registration means no mandatory disclosure. Many would agree that the crypto markets could use a little disinfectant."

Past warnings

Gensler has consistently warned that crypto exchanges need to …