Crypto firms continue to dispute whether crypto tokens are securities in court.

Lubin told “Capital Connection” on Thursday that clear heads will prevail with previous technologies like the internet, the web, and cryptography.

‘America will see that decentralized protocols, blockchain, and cryptocurrency align with its philosophy,’ said Lubin. ” The rest of the world will follow,” said Lubin, the CEO of ConsenSys, a blockchain technology company.

Companies such as Binance, Coinbase, and Ripple are fighting lawsuits filed by the SEC.

By selling its native cryptocurrency XRP without first registering it with the SEC, Ripple and its co-founders violated securities laws in 2020. In June, the SEC accused Coinbase of operating an unregistered exchange and broker. Binance was also charged with several securities law violations in the same month.