Wu Blockchain (@WuBlockchain): The SEC issued a statement clarifying the applicability of meme coins. The statement notes that meme coins are crypto assets inspired by internet meme…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
The SEC issued a statement clarifying the applicability of meme coins. The statement notes that meme coins are crypto assets inspired by internet memes, characters, or trends, typically lacking practical functionality. The SEC believes that transactions involving meme coins do not constitute the offering and sale of securities, meaning participants are not required to register under the Securities Act and are not protected by federal securities laws. sec.gov/newsroom/speec…