Coinbase CEO Brian Armstrong joins ‘Squawk Box’ to respond to the SEC’s lawsuit against the company. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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The SEC is separately suing two major cryptocurrency platforms, Binance and Coinbase. The lawsuits are another significant move toward regulating the entire crypto industry. The SEC said that Binance and Coinbase were both trading assets that should have been registered as securities.

WSJ’s Caitlin Ostroff breaks down the lawsuits and their potential impact on the crypto industry.

0:00 SEC files lawsuits against two major exchanges
0:17 Binance
1:59 Coinbase
2:36 What this means for crypto

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As the SEC puts pressure on crypto exchanges Coinbase and Binance, digital asset holders are beginning to question the timeline for clear crypto regulation. Delta Blockchain Fund General Partner Kavita Gupta joins Yahoo Finance Live anchors Seana Smith and Akiko Fujita to discuss the outlook for proper crypto regulation and the ongoing debate’s impact on crypto markets.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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