In a recent interview with FOX Business, in honor of 4/20, dogecoin (DOGE) day, Marshall Hyner, who has worked with the Dogecoin Foundation since 2013; claims the meme coin cannot be classified as a security. 

When asked why the United States Securities and Exchange Commission (SEC) couldn’t go after the meme coin, he said dogecoin is like bitcoin (BTC) and has an active community. Bitcoin is classified as a commodity by the top regulator, including the United States Commodity Futures Trading Commission (CFTC).

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Author: Brenda Mary

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