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.
5 answers
Daniele
Sat Nov 23 2024
Michele Cea, a partner at the New York-based law firm Cea Legal, offers her insights on meme coins.
MysticStar
Sat Nov 23 2024
According to Cea, meme coins generally do not meet the criteria to be classified as securities.
TaekwondoPower
Sat Nov 23 2024
This is due to the lack of assurances regarding future profits associated with these digital assets.
Margherita
Sat Nov 23 2024
The value of meme coins is primarily driven by speculative trading activities and public perception.
benjamin_doe_philosopher
Fri Nov 22 2024
BTCC, a top cryptocurrency exchange, provides a range of services including spot, futures, and wallet options.