Japan’s “Sanae Token” Scandal Tests Legal Limits of Political Memecoins

Japanese Prime Minister Sanae Takaichi publicly disavowed a cryptocurrency bearing her name and likeness. The token crashed 58% within hours, and regulators moved to investigate the issuer. The episode is the latest in a string of political memecoins that have burned retail investors worldwide. PM’s Denial Triggers Crash Takaichi is Japan’s first female prime minister The post Japan’s “Sanae Token” Scandal Tests Legal Limits of Political Memecoins appeared first on BeInCrypto.