Ex? Where did you come from?

The launch of a meme coin by the family of former US President Donald Trump has raised concerns among industry experts about increased regulatory scrutiny from the Securities and Exchange Commission (SEC). According to Cointelegraph, citing multiple industry insiders, the SEC may be compelled to step up enforcement or adapt with clearer guidelines due to the blurring of lines between entertainment, politics, and finance caused by the meme coin. Anndy Lian, a crypto expert, stated, "The launch of a meme coin by the former President blurs the lines between entertainment, politics, and finance. This puts the SEC in a position where they must choose between ramping up enforcement or adapting to this reality with clearer guidelines." Steve Milton, former Global Marketing VP for Binance, further emphasized, "The meme coin by the Trump family is a step forward and two steps back for crypto. The Trump era was all about innovation and less competition in the US, but if there is a meme coin from them, that opens up a bigger gray area (regulatory vacuum). Speculation with meme coins is something the SEC should prevent. If the former President is doing it, this can only increase the regulatory uncertainty."