[Binance and Binance.US were exempted from the temporary restraining order and will continue to operate]

Binance and #BinanceTournament .US were granted exemptions from the temporary restraining order to continue operating in the United States and engage in further communication with regulators.

The restraining order was rejected by a federal judge who ordered a freeze on the exchange’s U.S. trading platform assets. If the parties can agree on restrictions, the judge said there is "absolutely no need" to issue a restraining order.

The differences between Binance and #SEC are actually not big. If they can reach an agreement, they will have time to properly sort out the details of the case.

Binance.US has reached an agreement with the U.S. Securities and Exchange Commission to avoid a total asset freeze on the cryptocurrency trading platform.

At the same time, the judge delved into the conceptual question at the heart of the Binance lawsuit: At what point does a crypto asset become a security, and if it is not a security, is it a commodity?

20230614 Update