#MEMEAct
The U.S. Congress has officially introduced the Market Efficiency and Modernization for Evolving (MEME) Act, a legislative proposal focused on increasing transparency and protection for retail investors in highly speculative digital assets, such as popular meme coins.
Key points of the MEME Act:
Requires clear disclosure of risks on exchanges that list tokens without technical fundamentals.
Increases oversight on manipulation schemes through social media.
Encourages financial education on platforms aimed at crypto users.