Donald and Melania Trump’s entry into the crypto space with their meme tokens has sparked debate over regulatory strategy.
Zach Burks, CEO and founder of Mintology, a blockchain service provider, believes that by branding their tokens as “memes” rather than “coins,” Trump appears to be positioning them outside the scope of securities laws, an approach he described as a “masterclass in compliance in meme marketing.”
“By advertising their tokens simply as ‘memes’ instead of using the term ‘coin’, the Trumps are blatantly attempting to avoid their tokens being classified as securities,” Burks wrote in a note to crypto.news. “This is a masterclass in compliance in meme marketing and is a clear move to futureproof themselves from inevitable accusations of pump-and-dump schemes.”
crypto.news