classification

The SEC is showing all of its cards. Gary Gensler doesn't want the crypto industry to exist at all. After yesterday's Binance suit, the SEC is going after Coinbase too.

We brought on Coinbases's Legal Officer, Paul Grewal to hear how Coinbase plans to fight, how you, Bankless listener, can join the fight, and what's next for the crypto industry. Should we be optimistic? 

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Timestamps:

0:00 Intro
3:09 Coinbase Sued
4:42 Timing 
6:50 What Does the SEC Want?
9:08 Gary's Confidence 
10:38 SEC's Token/Security Choices 
12:34 Will Coinbase Delist Tokens?
14:35 Freezing Coinbase Assets? 
15:26 Next Steps
17:05 Future Court Case
18:20 What to be Optimistic About?
19:52 How to Join the Fight
21:02 Closing & Disclaimers
21:45 Coinbase Video
https://twitter.com/coinbase/status/1666135834062467083?s=20 

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Resources:

Coinbase Sued
https://twitter.com/BanklessHQ/status/1666061613357584384?s=20 

Crypto435
https://www.coinbase.com/public-policy/advocacy/crypto435 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

The cultural history of clouds seemed to be shaped by amateurs — the likes of Luke Howard and the Honorable Ralph Abercromby — each of whom projected the ethos of his particular era onto those billowing blank slates in the troposphere. Gavin Pretor-Pinney was our era’s.

On today’s Sunday Read, the story of the Cloud Appreciation Society and how Mr. Pretor-Pinney, backed by good will, challenged the cloud authorities.

This story was written by Jon Mooallem and recorded by Audm. To hear more audio stories from publishers like The New York Times, download Audm for iPhone or Android.

In case you missed this episode on the Playing with Science channel…
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