Coinbase execs defend platform, calls for clear cryto rules

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Coinbase execs defend platform, calls for clear cryto rules
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Coinbase CEO says company has been historically transparent with SEC - CNBC interview

:Coinbase executives on Wednesday defended the company against a lawsuit brought by the U.S. securities regulator, saying the cryptocurrency sector lacks a clear set of guidelines.

"They’re saying everything other than bitcoin is a security. Well, that’s not our interpretation of the law." The SEC alleged Binance, the world's largest cryptocurrency exchange and its founder Changpeng Zhao, also sold cryptocurrency products without registering them as securities.

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