The U.S. Securities and Exchange Commission (SEC) recently said something important about memecoins! Memecoins are digital money based on funny internet jokes or trends. The SEC used to think many cryptocurrencies were like stocks and needed to be controlled tightly. But now, they're changing their minds.
- The SEC now says many memecoins aren't investments (securities).
- This means they might not need as much government control.
- This change could affect other cryptocurrencies too, not just memecoins.
| What happened | Details |
|---|---|
| SEC's new idea | Memecoins aren't always investments. |
| Impact | Less government control over some crypto. |
