CryptoSlate
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector of the crypto market often fueled by speculation and internet culture. In a Feb. 27 staff statement, the SEC emphasized that memecoins…
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SEC declares memecoins are not securities in landmark staff statement
Assad Jafri
04:25
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector of the crypto market often fueled by speculation and internet culture. In a Feb. 27 staff statement, the SEC emphasized that memecoins…
