SEC says meme coins are ‘akin to collectibles,’ not securities (DOGE-USD:Cryptocurrency)

Shiba Inu cryptocurrency coin next to a Dogecoin

Dennis Diatel Photography

The U.S. Securities and Exchange Commission declared that most meme coins, such as Dogecoin (DOGE-USD) and Shiba Inu (SHIB-USD), are more like collectibles than securities, sparing them from federal regulation but leaving buyers without traditional investor protections, according to

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