Issued the Securities and Exchange Commission leading On Thursday, he says that he does not see most Meme coins, which are cryptographic brands from mimids, as titles in accordance with the Federal Law of the United States.
As a result, the Securities and Exchange Commission states that it does not believe that people who buy or hold Mimi coins are protected by the federal mobile values law and that people “involved in the supply and sale of Meme coins do not need to register their transactions to the Commission”.
The new guidance of the Securities and Exchange Commission comes to a second month in the second term of US President Donald Trump, in which Trump issued an executive order to create the profitability of the Ministry of Government, led by Elon Musk, an independent government counseling service.
President Trump also launched a meme currency for his supporters, called $ Trump, a few days before his inauguration. From its top on January 19 Telegraph reported on Thursday.
Mark Uyeda, the president of the sec, appointed by Trump in January, previously marked that he would create clear regulatory lines around cryptocurrencies. Uyeda’s first day, announced the creation of a Task Force Cryptocurrency.
Uyeda’s sec argues that Meme’s coins are not titles in her view, because they “do not create performance or transmit rights to future income, profits or assets of a business”. On the contrary, the Commission says it sees Meme’s coins more like collectible objects.
Thursday’s guidance on Meme’s coins represents a Stark contract compared to how the sec considers Meme’s coins under its former president, Gary Gensler. Gensler repeatedly Called cryptographic margins, including meme coins, which must be treated as titlesand told encryption providers to register preventively in the sec.
Also on Thursday, the sec announced her rejected his lawsuit against CoinbaseThe largest exchange of encryption of the United States.
“In recent years, the Crypto Commission’s views have been largely expressed through enforcement actions without participating in the general public,” Uyeda said in a statement. “It is time for the committee to correct its approach and develop the encryption policy in a more transparent way.”
