Recently, I have also been listening to many friends talk about TruthSocial's plan to issue coins. Coincidentally, I also checked the compliance issue recently. Of course, as an entertainment, the most important ones are two: According to the regulations of the US Securities and Exchange Commission (SEC), if a token has investment properties, it may be considered a security and requires registration or exemption. For example, the TRUMP token launched by Trump has attracted regulatory attention due to its investment nature. At present, many members of Congress are initiating review and legislative proposals. 2. In particular, the practice of obtaining the opportunity to have dinner with the president through investing in tokens requires federal ethics agencies to investigate the TRUMP project. And the proposers are Congressman Adam Schiff and Elizabeth Warren. So I personally think it is possible for Trump Social to issue coins, but there is a high probability that Trump will not jump out and shout, even his family will not, and it may be divided in advance. After all, it is too profitable to issue coins. It is reported that the Trump family has gained about $320 million in transaction costs and token sales revenue through the TRUMP project, while ordinary investors have suffered about $2 billion in losses.