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NFTs, Meme Coins, and Regulatory Implications
This chapter explores the legal classification of NFTs and meme coins, arguing for their recognition as collectibles rather than securities to highlight tax implications. It delves into the cryptocurrency landscape influenced by political figures, particularly focusing on President Trump's controversial meme coin initiative and its effects on market perception. Additional discussions address regulatory preferences within the crypto industry, the concepts of fungibility versus exchangeability in digital assets, and the broader implications of AI regulation.