The U.S. SEC announced that meme coins like Shiba Inu, Dogecoin, TRUMP, and others are not considered securities.SEC Commissioner Caroline Crenshaw disagrees with the decision and argues that meme coins should be subject to SEC oversight.The SEC's Division of Corporate Finance stated that meme coins lack underlying value, function, and have similarities to collectibles.Politicians are pushing for regulations against creating meme coins to prevent potential fraud and manipulation.