U.S. District Judge Amy Berman Jackson overseeing the SEC case against Binance, Binance.US, and former CEO Changpeng Zhao has ordered a court review on whether digital assets are securities. The judge will hear arguments on how the SEC treats cryptocurrencies under existing regulatory frameworks, allowing Binance.US lawyers to address whether digital assets remain securities indefinitely and the SEC’s allegations about staking. The court will consider the Howey test, the SEC’s standard for determining securities, to decide if assets meet the definition of an investment contract. The arguments will likely impact the classification of tokens such as BNB and Binance USD in the case. The SEC has previously claimed that many tokens qualify as securities, subjecting them to regulatory oversight. The court review follows the precedent set in the SEC case against Ripple, where XRP was ruled not to be a security in certain contexts. The outcome of this review could have broader implications for the regulatory treatment of digital assets in the U.S. (Source: Cointelegraph)