Jake Chervinsky, chief executive of the Hyperliquid Policy Center, said meme coin regulation was not a major focus for policymakers in the previous cycle because many viewed the sector as a short-lived trend. He said that view was reinforced after trading volumes fell sharply. Chervinsky added that if meme coins post another wave of large-scale growth and move back into the mainstream market, they are likely to become one of the more important issues in crypto policy discussions. His remarks point to a conditional shift in regulatory attention: not based on current market size alone, but on whether meme coins regain broad adoption and sustained activity. The comments were reported by Odaily.
Odaily reported that Jake Chervinsky, chief executive of the Hyperliquid Policy Center, said meme coin regulation was not a central concern for policymakers during the previous cycle.
According to Chervinsky, many people saw meme coins as a short-lived trend at the time. That view was later reinforced when trading volume dropped sharply.
He said that if meme coins return with large-scale growth and enter the mainstream market again, they are expected to become one of the key issues in crypto policy.
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