The Libra Case: A Potential Setback for Meme Coins in Latam’s Crypto Landscape
Recent developments in the U.S. regarding meme coins suggest that the Libra case outcome could set a troubling precedent for the crypto industry.
With the SEC’s clarification that most meme coins are not securities. It becomes difficult to hold Libra’s founders accountable for potential legal and civil violations. Although Libra was originally promoted as a funding tool for Argentine investors, it now benefits from protection that could shield its founders from charges.
While some U.S. lawmakers push for stricter oversight, the current trend of meme coins continues. Raising concerns about the lack of regulation and its implications for future projects. If Libra’s founders escape liability. It could encourage further misuse of meme coins without consequence.
Clever Robot News Desk 26th March 2025
