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SEC says meme coins are not subject to federal securities laws


Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, the SEC said.

Meme coins do not fit the definition of securities under the law, SEC said, because they do "not generate a yield or convey rights to future income, profits, or assets of a business." Amazon announced that it has created its own quantum computing chip, joining Microsoft and Google in a push to take this potentially transformative technology from the theoretical to the practical. Lazarus, a new anime from Shinichirō Watanabe, is set to premiere on Adult Swim at midnight on April 5, before coming to Max the next day.

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SEC says meme coins are not securities