Regulatory crackdown spawns anti-SEC ‘CultureCoin’
Proposed token relief from the Securities and Exchange Commission does not mean a blanket pass for all projects, attorney Franco Jofré said.
Though Donald Trump launched his memecoin before taking office, he has called on his social media followers to buy it after Jan. 20.
The commission will divide its enforcement responsibilities into two task forces focused mainly on “complex fraud” and retail fraud.
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