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Meme Coins, Gambling and Crypto Regulation

As the Biden administration develops a crypto regulation framework, one type of token could be due for particularly close scrutiny.

Most experts agree that trading "meme coins" is effectively a form of gambling. The implications go well beyond individual losses. (Nikola Stojadinovic/Getty Images)
Most experts agree that trading "meme coins" is effectively a form of gambling. The implications go well beyond individual losses. (Nikola Stojadinovic/Getty Images)