One of the biggest exchanges is again shaken by the dangers of a legal action from US SEC, an organisation specialised to protect investors' and peoples' money, in general. A mix of lack in cooperation from the other side - to develop the right legal framework for these trades  and urgency from the financial institution to limit the exchange seems to be the main ingredients in this situation. It seems there are 13 counts of breaking laws registration violations, or more other issues. I follow the news as the story goes. The news just hit the headlines and as, expected, prices of multiple crypto assets declined over the last hours, across all over exchanges, with 2-5%  decreases. Some crypto currencies registered even bigger losses. 

The reaction from Binance is reassuring and prompt, as always:

The allegations are serious, according to SEC, the exchange was enabling trading of unregistered securities, disregarding the US securities laws.

Later edit:

In the meantime we do have the official reply from Binance which is reassuring and is giving the insights we alla expetected.

Basically, states that the allegations are wrong and not based on facts, refusal to negotiate and simply discuss from SEC side, who chose to act on their own in this attack. Binance does take it seriously and they do the best to protect the platform. As a complex technology, the assets are not being clearly defined and more discussions should take place between both parts. Is not all black and white when it comes to regulate these securities. As is known, the digital assets have poor law development worldwide and by strict enforcement no development can actually happen. Instead, collaboration and working together transparently is a more progressive and productive approach, which SEC does not seem to embrace momentarily.