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SEC says meme coins are not securities
The Securities and Exchange Commission issued guidance on Thursday saying it does not view most meme coins, which are crypto tokens that originated from
Mark Uyeda, the SEC chairman appointed by Trump in January, previously signaled he would create clear regulatory lines around cryptocurrencies. “For the last several years, the Commission’s views on crypto have been largely expressed through enforcement actions without engaging the general public,” said Uyeda in a statement. Previously with Gizmodo, Bloomberg, and MSNBC, Zeff has covered the rise of AI and the Silicon Valley Bank crisis.
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