Meme coins PEPE and Dogwifhat (WIF) have been added to Coinbase's Coin50 Index, indicating increased investor interest and market significance. The index offers exposure to 50 leading digital assets, and users in eligible regions can trade it as a perpetual future on Coinbase Advanced. The Securities and Exchange Commission (SEC) has released guidance stating that meme coins are not securities but rather collectibles, providing clarity on the application of federal securities laws to crypto assets. Additionally, the SEC has dismissed its lawsuit against crypto exchange Coinbase and Kraken, signaling a fresh assessment of how cryptocurrencies comply with existing laws.
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