The U.S. Securities and Exchange Commission (SEC) is seeking to dismiss a lawsuit filed by Beba Apparel and DeFi Education Fund (DEF) that seeks to challenge the SEC's determination that Beba tokens are securities. The SEC's position is that the lawsuit is not only premature, but also based on a policy assumption that does not actually exist.

The SEC's motion to dismiss emphasizes that Beba and DEF failed to provide solid evidence to support their claim that the SEC policy that "the vast majority of digital assets are considered securities" is a fictitious premise.

The SEC noted that the parties failed to point to any specific rules, orders, or official actions to confirm the existence of this policy.

From this incident, we can see the SEC's cautious attitude in regulating digital assets and its requirement for market participants to provide clear and reasonable grounds.

As a financial regulator, the SEC's decisions need to be based on sufficient legal and factual basis to ensure the fairness, transparency and stability of the market.

For Beba and DEF, they may hope to clarify the legal status of their tokens through litigation to avoid potential regulatory risks.

However, the SEC's motion to dismiss shows that subjective or hypothetical policies alone cannot be a valid basis for litigation.

In summary, the progress of this lawsuit reflects the complexity and challenges of the digital asset regulatory field.

As the cryptocurrency market continues to develop, the game between regulators and market participants will continue.

In this process, a clear legal framework, reasonable regulatory policies and effective communication mechanisms will be the key to promoting the healthy development of the market. #美国首次申领失业救济人数超出预期