<ul><li>The US Securities and Exchange Commission (SEC) has stated that memecoins typically do not qualify as securities under federal securities laws.</li><li>Memecoins are characterized as cryptocurrencies that draw inspiration from internet memes, cultural phenomena, or current events.</li><li>Their value relies on market demand and speculative trading, and they lack substantial functionality or practical use beyond entertainment.</li><li>While memecoins are not subject to federal securities laws, fraudulent activities associated with their sale are still subject to enforcement.</li></ul>

Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

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