SEC Likens Memecoins to Collectibles With ‘No Use’, Declares Meme Assets Are Not Securities

The top US securities regulator is officially announcing that memecoins do not fall under its purview, comparing the burgeoning crypto sector to “non-functional” collector’s items. In a new statement, the U.S. Securities and Exchange Commission (SEC) is declaring that memecoins are officially not securities. As defined by the SEC’s statement, “A ‘meme coin’ is a […] The post SEC Likens... source: https://dailyhodl.com/2025/02/28/sec-likens-memecoins-to-collectibles-with-no-use-declares-meme-assets-are-not-securities/