US SEC Says Memecoins Aren't Securities—Is This the Trump Effect?

The United States Securities and Exchange Commission (SEC) has declared that memecoins, which are cryptocurrency tokens typically inspired by internet memes, do not qualify as securities. This announcement raises intriguing questions about the potential influence of political dynamics, particularly the so-called "Trump Effect," on regulatory decisions within the cryptocurrency landscape. Many... source: https://voiceofcrypto.online/latest-news/sec-memecoins-collectibles-not-security