Regulation· ★★★· bearish·

US moves toward memecoin ban after Trump maneuver in legal vacuum

  • —Regional memecoin ban took effect amid the absence of federal rules
  • —The CLARITY Act failed to close ethical gaps in memecoin regulation
  • —Trump's maneuver in the legal vacuum accelerated the US ban debate
Why it matters: A US memecoin ban would hit a $35 billion sector and set a precedent for regulating tokens with no underlying value.
Source: CriptoNoticias