Binance, SEC Lawyers Make Arguments on Crypto as Security: Report

Judge Amy Berman Jackson said She would be take A joint movement Since Binance And Binance.US has dismiss below advice following arguments on if certain tokens were titles.

Lawyers representative cryptocurrency exchange Binance In A trial brought by THE United States Securities And Exchange Commission called on A judge has dismiss THE case After argue if specific tokens qualified as titles.

In A Jan. 22 audience In WE. District Court For THE District of Colombia, Binance legal team present arguments on how THE SECOND treaty cryptocurrencies below current regulatory And legal frames. According to has A Reuters report, A Binance lawyer said THE SECOND was socket A contradictory approach has crypto businesses, "narrative THE industry [has] come In And register, while simultaneously with their other hand holding THE door farm And to prevent any of them viable path has TO DO That. »

Reports Since THE courtroom suggested THE SECOND said THE Howey test For securities was "clear" For all assets, including crypto, And regulators were not obliged has warn companies that they could be violate securities laws. Judge Amy Berman Jackson would have said She would be take THE DRY And Binance arguments below deliberate.

"He seems as You are trying has say that all digital assets, has THE END of THE day, to have THE assignment of securities," Judge Jackson would have said has THE DRY legal team. "If You are not, Or East THE border of What You are saying ?

THE SECOND v. Binance case could to have significant consequences For crypto companies Operating In THE United States. A lot companies to have claims authorities TO DO not offer A clear regulatory frame For legally Operating, leading has enforcement Actions...