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The SEC says that most memecoins are not securities, are akin to collectibles, and memecoin purchasers and holders are not protected by federal securities laws (Tanaya Macheel/CNBC)
Tanaya Macheel / CNBC: The SEC says that most memecoins are not securities, are akin to collectibles, and memecoin purchasers and holders are not protected by federal securities laws — The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.
Tanaya Macheel / CNBC:
The SEC says that most memecoins are not securities, are akin to collectibles, and memecoin purchasers and holders are not protected by federal securities laws — The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.
