Amid escalating legal skirmishes between the U.S. Securities and Exchange Commission (SEC) and crypto firms, Ethereum co-founder and CEO of Consensys Joseph Lubin remains hopeful.

“I anticipate that, as with previous technologies like the internet, the web and cryptography, clear heads will prevail,” Lubin told CNBC’s Capital Connection program today, predicting a positive outcome in the SEC’s regulatory tussles with the crypto industry.

“America will see that decentralized protocols, blockchain and cryptocurrency are aligned with the philosophies of the U.S. And I think much of the rest of the world will follow suit,” Lubin added.

SEC vs. crypto

Major crypto players like Binance, Coinbase and Ripple are currently locked in ongoing legal battles with the SEC over alleged securities …