MemeACT Update
The proposed Meme Asset Clarity and Transparency (MemeACT) framework is gaining attention in crypto circles. Here’s what it outlines:
Definition Framework: Classifies meme coins as speculative digital assets with unique disclosure norms
Issuer Guidelines: Transparency on tokenomics, supply schedules, and project leadership required
Investor Protections: Clear risk warnings and anti-fraud measures for retail participants
Exchange Oversight: Platforms listing meme coins may face tighter listing and reporting standards
If advanced, MemeACT could shape a safer, more transparent environment for meme coin trading while preserving innovation.