SEC Is Backing Away from Memecoin Regulation – Here’s Why
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in managing memecoins—tokens frequently driven by web culture, hype, and political branding.
As a result, tokens like TRUMP—introduced after Donald Trump returned to office—fall outside the agency’s jurisdiction. Critics have raised concerns over the Trump family’s deep ties to the crypto space. The Trump Organization reportedly controls the majority of the TRUMP token, which surged to a $15 billion appraisal in January following social media endorsements by the previous president.