Coinbase CEO Brian Armstrong stated that the SEC's attitude towards the cryptocurrency industry changed last year. Lawsuits filed against Coinbase and Binance have been a topic of discussion in the industry.
Armstrong addressed questions regarding the lawsuit and expressed that they have not observed any risks concerning customers and banking partners. He mentioned that the SEC classified 13 assets as securities. Armstrong also confirmed that stake services will continue and that things will return to normal after the court cases conclude.