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🚨SEC Commissioner: Meme Coins Should Not Be Out of SEC’s Watch!

🟡 Caroline Crenshaw, the Democratic commissioner of the US Securities and Exchange Commission (SEC), has expressed concern over the agency’s new guidelines on meme coins.

🟠 Crenshaw questioned the lack of a clear legal definition for meme coins and warned that the guidelines could be a roadmap for cryptocurrency companies to evade regulation by labeling themselves as meme coins.

🔴 She also challenged the guidelines’ claim that meme coin prices are determined solely by market sentiment, stressing that meme coin creators often lure buyers by manipulating supply and making explicit promises about future developments. Crenshaw called for stricter oversight and regulatory transparency in crypto markets.

Some memes are really not good for some people who don't control their emotions

Yes, you are right, but sometimes there were meme coins that came and went, scams.