#MEMEAct Are Regulators Coming for Memes?
The U.S. Market Efficiency and Modernization of Enterprises (MEME) Act is catching attention across the crypto world. Designed to curb deceptive market practices, it zeroes in on viral hype and social-driven manipulation that can skew prices.
Although the bill applies broadly to financial markets, meme coins and influencer-fueled pump campaigns could be directly in its crosshairs.
Is this a necessary step to shield retail investors—or an overreach into the freewheeling world of Web3?
One thing's for sure: meme season may never look the same again.