Coinbase and Ripple Labs are leading the push for clear cryptocurrency regulations in the United States, where companies have struggled to get regulatory clarity from the Securities and Exchange Commission (SEC). While other leading markets like European countries have already enacted clear crypto rules, most US-based crypto companies have opted to focus overseas for future growth prospects. Coinbase has filed a reply in the third circuit to the SEC’s argument against a petition for a writ of mandamus, stating that the need for the court’s intervention is much needed to compel the SEC in the rulemaking case. The SEC has taken more than ten months in issuing a reply to Coinbase’s claims, thus warranting the mandamus.