XRP Lawyer Calls To Prioritize Memecoin Regulation Over SAB 121, Here’s Why

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XRP Lawyer Calls To Prioritize Memecoin Regulation Over SAB 121, Here’s Why - CoinGape

Quick Summary:

US President-elect Donald Trump’s launch of the TRUMP memecoin has sent shockwaves through the crypto market, sparking debates on memecoin regulation.

Crypto experts and industry leaders raise concerns over politicians’ unfair market advantage, highlighting the lack of regulatory clarity.

Deaton stated that he previously believed SAB 121 stablecoin legislation, CFTC oversight, and tax reform were the immediate areas requiring attention from the Trump administration and Congress.