The SEC has clarified that memecoins, often speculative and community-driven, are not considered securities under federal law. This provides relief to developers and traders, as they don't need to register these coins with the SEC. However, fraudulent activities involving memecoins will still face scrutiny from other regulators. This move is expected to encourage innovation while emphasizing the risky and volatile nature of memecoins.
MEME
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SOL
121.08
-1.80%