A trader illegally generated almost US$700,000 worth of trading rebates by wash-trading options on so-called “meme stocks,” the U.S. Securities and Exchange Commission (SEC) alleges. The regulator ...

Cryptocurrency tokens known as meme coins -- such as the one promoted by President Donald Trump last month -- are not subject to federal securities regulations, the Securities and Exchange ...

The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.

Industry leaders are pointing to the correlation between the rise of meme cryptocurrencies and the staunch regulatory approach from the U.S. Securities and Exchange Commission (SEC).

The SEC added that its statement doesn’t apply to memecoins inconsistent with its description of one, or any products labeled as a memecoin in a bid to hide from securities laws “by disguising ...

Meme coins do not fit the definition of securities under the law, SEC said, because they do "not generate a yield or convey rights to future income, profits, or assets of a business." ...