Crypto News

Crenshaw has publicly condemned the recent guidance that allows meme coins to bypass securities laws. In a strongly worded statement, Crenshaw warns that this move could potentially harm investors and undermine the integrity of the market. SEC Guidance Allows for Meme Coins to Avoid Regulations The SEC's Division of Corporation Finance recently released a new guidance that allows for certain digital assets, including meme coins, to be exempt from securities laws. This means that these coins can be freely traded without having to register with the SEC or provide investors with the necessary disclosures and protections. Commissioner Crenshaw Calls Out Market Manipulation In her statement, Commissioner Crenshaw addresses the potential for market manipulation with meme coins, stating that "any digital asset with a market value is capable of being used to manipulate the market." She also points out that the lack of transparency and ov...