The US Securities and Alternate Fee (SEC) has clarified that meme cash don’t fall below federal securities legal guidelines. The company said that these digital belongings are extra like collectibles and aren’t topic to the laws that apply to conventional monetary devices. Nevertheless, the SEC warned that fraudulent actions associated to meme cash may nonetheless result in enforcement actions by different federal or state authorities.
US SEC Confirms Meme Cash Are Not Securities however Warns of Fraud
