Trump’s meme coin was valued at more than $74 before falling to about $12. Cryptocurrency tokens known as meme coins -- such as the one promoted by President Donald Trump last month -- are not ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The mainstream and crypto media promised calamity: And yet, the once-hot meme coin’s price was not rocked to the core. In fact, over the weekend, the coin saw a modest gain in value. The sellers ...

Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, according to the Securities and Exchange Commission. The agency has issued its ...