In welcome news, the US Securities and Exchange Commission (SEC) Division of Corporation Finance (Division) recently announced “[a]s part of an effort to provide greater clarity” that meme ...

According to an SEC statement from the Division of Corporation Finance (the “Division”), a “meme coin” is a type of crypto asset inspired by internet memes, characters, current events ...

In this regard, meme coins are akin to collectibles," the SEC said in a statement from its division of corporate finance. Meme coins are a highly volatile slice of the crypto industry that may ...

SEC Commissioner Caroline Crenshaw has voiced opposition to the agency’s recent guidance that classifies meme coins as non-securities.

As a result, the SEC says it does not believe people who purchase or hold meme coins are protected by federal securities law and that people “who participate in the offer and sale of meme coins ...

Before Trump took office last month, then-SEC Chair Gary Gensler proposed that meme coins and other crypto tokens should be deemed as securities. "Meme coins typically are purchased for ...

which are crypto tokens that originated from memes, as securities under United States federal law. As a result, the SEC says it does not believe people who purchase or hold meme coins are protected by ...