SEC: Memecoin is no longer a security

[Suba]

Yesterday, Thursday, Feb 27, 2025, the SEC officially announced that memecoin is no longer categorized as a security, so that every memecoin transaction in the United States no longer needs to be registered with the federal securities. In addition, the SEC also explained that memecoin is not an investment instrument that meets securities requirements so memecoin is only a collectible that has no real function, does not generate returns, and is not issued by a registered company. The SEC also explained that the profit made by memecoin is not from developer performance but only from market demand and speculation activities.

 

[Kross]

This would further drop down the value of the meme coins that are not even looking too good at the moment.

 

[Suba]

This would further drop down the value of the meme coins that are not even looking too good at the moment.

You are right, not only memecoins are not looking too good, but also the crypto market is under pressure until the BTC price dropped to $78k, but now it has risen to $84k.

 

[Fidelia]

The BTC has hope of rising because it is still regarded as financial security. This news about memes just kills the little hopes it has.