Crypto Industry Titans Address Concerns, Future Opportunities Amid SEC Onslaught
Benzinga Coinbase COIN and Binance BNB/USD are being sued Binance-sec-sues-Coinbase-for-acting-as-unregistered-broker" target="_blank" class="core-block">for dealing in unregistered securities.
The lawsuits, brought on by the U.S. Securities and Exchange Commission (SEC), add tension to an already highly scrutinized market.
Against this backdrop, industry heavyweights have weighed in on the unfolding scenario.
Gracy Chen, Managing Director of Bitget, acknowledges the challenges posed by the recent regulatory crackdown but remains optimistic.
"We approach the current regulatory issues with caution and seriousness, but crises also bring opportunities, and this market is always full of changes," she said.
Chen also noted that favorable policies are emerging in places like Hong Kong, Dubai, and Singapore.
