Retail investors lost more than $2 billion from Trump's memecoin. Now, the SEC says memecoins are exempt from its rules.
The commission describes them as ‘more akin to collectibles.’ ...
The SEC says Meme Coins are not securities and will not be treated as such. What does this mean for the crypto industry?
Despite the seemingly definitive statement by the staff that meme coins are not ‘securities’ under the U.S. securities laws, ...
Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, the SEC said.
The US Securities and Exchange Commission has decided meme coin holders can not expect the same protections under federal ...
Typically, meme coins are bought for entertainment, social interaction, and cultural purposes, with their value primarily driven by market demand and speculation, making them similar to collectibles.
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