The co-founder of Ethereum (CRYPTO: ETH), Joseph Lubin, has expressed confidence that “clear heads will prevail” amid the ongoing disputes between the U.S. Securities and Exchange Commission (SEC) and crypto firms over the classification of crypto tokens, CNBC reported.
"America will see that decentralized protocols, blockchain, cryptocurrency are aligned with the philosophies of the U.S. And I think much of the rest of the world will follow suit," he said.
Lubin, who also heads blockchain technology company ConsenSys, made these remarks as crypto firms such as Binance, Coinbase (NASDAQ:COIN) and Ripple (CRYPTO: XRP) continue battling lawsuits from the SEC for alleged law infringements.
The SEC has accused Ripple and its co-founders of violating ...