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Meme Coins, Gambling and Crypto Regulation

As the Biden administration develops a crypto regulation framework, one type of token could be due for particularly close scrutiny.

Updated Jun 14, 2024, 8:08 p.m. Published Apr 8, 2022, 5:29 p.m.
Most experts agree that trading "meme coins" is effectively a form of gambling. The implications go well beyond individual losses. (Nikola Stojadinovic/Getty Images)
Most experts agree that trading "meme coins" is effectively a form of gambling. The implications go well beyond individual losses. (Nikola Stojadinovic/Getty Images)