The U.S. Securities and Exchange Commission (SEC) has officially stated that meme coins are not considered securities under federal regulations. The announcement, made on February 28, 2025, provides much-needed regulatory clarity for developers,

Personalities including President Donald Trump have launched their own meme coins, but they pose risks for investors aiming to get rich quick.

The Securities and Exchange Commission issued guidance on Thursday saying it does not view most meme coins, which are crypto tokens that originated from

Despite the seemingly definitive statement by the staff that meme coins are not ‘securities’ under the U.S. securities laws, the devil is always in the detail,” said Christopher Capuzzi, a capital markets partner at Ropes & Gray.

The most popular meme coin is Dogecoin, and it is also the first one to have existed. The currency, created by Jackson Palmer and Billy Markyss as an approachable cryptocurrency and features the Shiba Una dog, is now worth 21 cents. In 2021, Musk endorsed Dogecoin and caused a significant price increase.

According to the SEC, the coins are more akin to "collectibles" and don't fall under the category of securities under federal law.

Bitcoin, crypto prices tumble after Trump provides tariff update. The SEC rules that meme coins are collectibles, not securities.