Coinbase Global's CEO Brian Armstrong said on Wednesday that the crypto exchange has a long history of being transparent with the U.S. Securities and Exchange Commission.

Armstrong was speaking in an interview with CNBC, a day after the company was sued by the U.S. securities regulator on allegations it failed to register as an exchange.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)