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Major crypto exchange Coinbase has decided to take action to get an answer from the Securities and Exchange Commission: this week, they filed a court action seeking to compel Gary Gensler\u2019s agency to give specific rulemaking on crypto assets. J.W. Verret, associate professor of law at George Mason Law School, talks about how both parties are playing this game, how it could change the Howey test, and much more.\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\nShow highlights:\n\nwhether there's a long-term chess strategy being played by Coinbase\n\nwhether the case could actually change the Howey test\n\nwhy the 'West Virginia vs. EPA' is important for crypto\n\nwhat the SEC's strategy is and why the Kraken settlement was an \u201coverreach,\u201d according to J.W.\n\nwhether the SEC could develop a new framework for crypto assets\xa0\n\nhow the Ripple case will unfold and how long it will take if it is appealed\n\nThank you to our sponsors!\n\nCrypto.com\n\n\nRailgun DAO\xa0\n\nGuest\nJ.W. Verret, Associate Professor of Law at George Mason Law School\n\nJ.W.\u2019s thread\n\n\nMy story of telling the SEC \u2018I told you so\u2019 on FTX\n\nPublic Request for Rulemaking: Securities Regulation Genesis Block Proposal\n\n\nPrevious coverage of Unchained on the SEC\u2019s actions:\xa0\n\nRep. Emmer on Why He Believes Gary Gensler Is a \u2018Bad-Faith Regulator\u2019\n\nIs the Government Trying to Kill Off Crypto in the US?\n\nCoinbase\u2019s Top Lawyer Calls SEC Wells Notice a \u2018Massive Overreach\u2019\n\nLinks\n\n\nUnchained: Coinbase Seeks to Compel SEC Response to Rulemaking Petition - Unchained Crypto\n\n\nCoinbase takes another formal step to seek regulatory clarity from SEC for the crypto industry\n\nIN THE UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT COINBASE, INC.\u2019S PETITION FOR WRIT OF MANDAMUS TO THE\n\nCoinbase petition for SEC rulemaking\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices