Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Judge in SEC v. Binance case will test whether tokens are securities

Market and Events: Judge in SEC v. Binance case will test whether tokens are securities

Federal Judge Amy Berman Jackson has ordered an investigation into the classification of cryptoassets as securities.

The ruling comes in the wake of the SEC's case against the Binance exchange and its U.S. division.

The judge's order allows both sides to present their arguments, which will help determine several important aspects:

  • The judge intends to assess whether the SEC correctly understands the "Howey test," the legal framework used to determine whether an investment qualifies as a security;
  • The decision also questions whether the SEC can use litigation as a tool to regulate the crypto industry;
  • Another important point to be clarified is whether crypto-assets, including both primary and secondary sales, fall within the definition of securities;
  • The judge will also consider whether staking applies to these assets;
  • Finally, the ruling is expected to determine whether an investment contract must include contractual obligations between the parties involved in the transaction.

It is important to note that only one attorney will be allowed to represent the defense side. No specific date has been set for a hearing on the matter at this time.

The SEC filed suit against Binance, #Binance.US and former global exchange head #Changpeng Zhao in early June 2023. Notably, the regulator considers crypto assets with a market capitalization of more than $115 billion to be securities.

Additionally, in November 2023, Binance agreed to pay a $4.3 billion fine to settle disputes with the Department of Justice, the Treasury Department, and the U.S. Commodity Futures Trading Commission. It's worth noting that these are separate cases, and hearings on the #SEC lawsuit have yet to be finalized.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: MEXC Q3 2025 Report Highlights Market Leadership Across New Listings, Security, and Ecosystem Growth
Global cryptocurrency exchange MEXC has published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion in listings, user activity, product innovation, security, and..
Artificial Intelligence (AI): DeepSeek dominates AI crypto trading competition
The Chinese AI system DeepSeek showed impressive results in an experimental crypto trading competition, where several models traded with the same capital of $10,000..
Press Releases: MEXC Launches USDT & USDC Staking Gala: Earn 15% APR With Flexible Redemption and Up to 2,926 USDT
MEXC, a leading global cryptocurrency exchange, has officially launched the USDT & USDC Staking Gala, offering users the opportunity to earn up to 15% APR through a flexible redemption..
Press Releases: MEXC Launches ENA Extravaganza with $1 Million Prize Pool, Zero-Fee Trading and Up to 600% APR Staking
MEXC, a leading global cryptocurrency exchange, announced the launch of the ENA Extravaganza in collaboration with Ethena, offering new and existing users a $1 million prize pool alongside..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more