Cryptocurrency Q&A Is trading meme coins legal?

Is trading meme coins legal?

Federico Federico Thu Nov 21 2024 | 5 answers 1177
I'm wondering if it's legal to trade meme coins. I've been seeing a lot of people talking about them online and I'm curious if there are any legal restrictions or regulations surrounding their trade. Is trading meme coins legal?

5 answers

Daniele Daniele Sat Nov 23 2024
Michele Cea, a partner at the New York-based law firm Cea Legal, offers her insights on meme coins.

Was this helpful?

339
22
MysticStar MysticStar Sat Nov 23 2024
According to Cea, meme coins generally do not meet the criteria to be classified as securities.

Was this helpful?

168
70
TaekwondoPower TaekwondoPower Sat Nov 23 2024
This is due to the lack of assurances regarding future profits associated with these digital assets.

Was this helpful?

280
27
Margherita Margherita Sat Nov 23 2024
The value of meme coins is primarily driven by speculative trading activities and public perception.

Was this helpful?

253
68
benjamin_doe_philosopher benjamin_doe_philosopher Fri Nov 22 2024
BTCC, a top cryptocurrency exchange, provides a range of services including spot, futures, and wallet options.

Was this helpful?

137
59

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts