The dry says that the pieces even are not titles in historical change

The Securities and Exchange Commission (SEC) of the United States said that the documents even as Dogecoin and Shiba Inu are not titles, marking a change in historical regulation for the cryptographic industry.

The agency’s decision, described in a declaration of February 27, affirms that the same parts are “like collectibles” rather than financial instruments subject to the laws on securities.

“A coin is not itself security,” the regulator said in a press release. “The same parts are generally purchased for entertainment, social interaction and cultural ends, and their value is mainly motivated by demand and speculation of the market. In this regard, the pieces even akin to collectibles. Parts even generally have features or limited or non -limited features. »»

The DRI directives highlight a broader change in the regulation of American cryptography in the context of the Pro-Crypto Trump administration, marking a gap of the regulatory approach by applying former President Gary Gensler.

“It’s enormous,” said Kobeissi’s letter, which has more than 756,000 subscribers on X. “The declaration clarifies tons of unknown people behind the legal implications for the launch of a same.”

WOW.

The dry has just said that the same parts are generally not considered as titles under the American federal law.

They also said that the pieces even “limited or no use” and do not need to be recorded with the SEC.

This is a massive declaration of the dry. pic.twitter.com/7kpb2c2481

– The Kobeissi letter (@kobeissiletter) February 27, 2025

The SEC added that investors who buy and exchange parts even will not be protected by American securities laws, but have declared that all fraudulent offers and sales of coins can always “be subject to executive measures or proceedings by other federal or state agencies”.

But by clarifying that the pieces even are not titles, the agency softens legal uncertainty for traders and promoters, potentially feeding innovation in space.

“Everything is put in place for a massive bull cycle,” said Batman, with 83k followers on X. “The market is bad right now, but in the long term, it’s very good. »»

On the other hand, the lack of regulatory monitoring of the SEC clearly makes it clear that investors must navigate the market for memes without consumer protection, at least for the moment.

New same corner Bill emerges in the United States

While the SEC declares that the pieces even are not securities, the Democrats of the Chamber have put pressure for modern law in matters of emoluments and the application of embezzlement (even).

Today, I have presented the law on memes, which prohibits senior federal officials from emitting, sponsoring or promoting a security, goods or digital assets with criminal and civil penalties. pic.twitter.com/nbjmcwoeb5

– Rep. Sam Liccardo (@repliccardo) February 27, 2025

Supported by the representative of California, Sam Liccardo, the bill aims to prevent civil servants from launching or approving their own pieces of memes.

This follows the controversial launch of Official trump (Trump) Token who increased at launch before undergoing a sharp price drop.

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