MEMECOINS, TRUMP, AND SECURITIES LAW: WHY THE RULES HAVEN'T CHANGED

Summary from the TLDR Crypto newsletter

Memecoins have become a surprising safe haven from securities laws due to their speculative nature and lack of underlying value, making them unlikely to qualify as securities under the Howey Test. Meanwhile, even President Trump's DeFi token project follows securities law compliance, proving that while legal structures may look convoluted, the rules remain the same. Offshore setups still offer significant tax and governance advantages.