Golden Finance Report: Recently, US District Judge Amy Berman Jackson rejected the claim by the Securities and Exchange Commission (SEC) that the secondary sales of Binance's BNB token met the securities standards under the Howey Test. This ruling was made after considering the economic realities of token trading, echoing the view of Judge Analisa Torres in the Ripple case. When assessing whether the BNB token constitutes a security, Judge Jackson emphasized the importance of actual market conditions and economic factors, a decision with profound implications for the digital currency market.