SEC’s Stance on Meme Coins Mania and Their Legal Status

SEC statement on meme coins with emphasis on legal standing and regulations

When Even Presidents Launch Their Own Crypto Just as a quick reminder, meme coins are a type of crypto assets that started as a joke or fun idea, often inspired by internet memes, funny trends, or popular online characters. They don’t really have much use or purpose other than for entertainment, community engagement, or speculation. … Read more

SEC’s Division of Corporation Finance says memecoins are not securities

SEC’s Division of Corporation Finance says memecoins are not securities

Memecoins may not be subject to United States securities laws, according to a recent statement from the Securities and Exchange Commission. On Feb. 27, the commission’s Division of Corporation Finance addressed a long-standing debate over whether cryptocurrencies—particularly memecoins—fall under federal securities laws.  The current SEC views memecoins as more like collectibles than investments and claims … Read more