According to a February 27 staff statement from the commission’s Division of Corporation Finance, meme coins may not qualify as securities because they don’t meet the Howey test, a legal ...
As a result, transactions involving meme ... the Securities Act of 1933 and do not fall under the same regulatory protections as traditional securities. The statement comes after US President ...
Cryptocurrencies have taken the financial world by storm, reshaping how we think about money, investments, and even technology. While Bitcoin remains the dominant force in the market, the rise of ...
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 ...
The US Securities ... and sale of securities under the federal securities laws” and “are akin to collectibles.” “As such, persons who participate in the offer and sale of meme coins ...
It now trades at about US$12.50 per coin. Similarly, the Melania meme coin peaked at US$13.69 and now trades at about US85¢. Alongside today’s statement on the regulatory status of meme coins, the SEC ...
Haliey Welch, the online sensation behind the “Hawk Tuah” meme, is officially no longer under investigation by the U.S. Securities and Exchange Commission (SEC). The agency has closed its ...