
Crypto Mom Hester Peirce Says Meme Coins Like TRUMP and MELANIA May Not Fall Under SEC Regulation
“Many of the meme coins out there probably do not fall under SEC regulation,” Peirce said in a Bloomberg interview.
“Many of the meme coins out there probably do not fall under SEC regulation,” Peirce said in a Bloomberg interview.
The SEC creates new crypto task force led by Commissioner Hester Peirce, signaling major regulatory shift as Trump administration prioritizes clear framework for digital assets.
Trump is reportedly considering several key officials to help with crypto regulation and ease rules, in support of the sector.
Galaxy Digital’s Mike Novogratz is pushing for a pro-crypto leader for the US SEC.
There’s an ongoing investigation into Ether’s status as a potential security.
Currently, seven ETH spot ETF applications are awaiting SEC review, with VanEck leading the queue.
When asked about the SEC’s long-term vision for cryptocurrency regulation, Peirce admitted she couldn’t provide a definitive answer but emphasized the importance of adhering to the mandate given by Congress.
The former SEC official said that if Hester Peirce chairs the SEC, several crypto-related enforcement actions would come to a sudden stop.
Davidson was joined by another crypto-friendly congressman Tom Emmer in creating the legislation.
Commissioner Hester Peirce believes that market downturns present the perfect opportunity for all to learn how the market reacts in troubled times.
Hester Peirce recently tackled the US and its lax efforts at crypto regulation and has asked the Congress to properly define the SEC’s role.
Coinspeaker is highlighting a distinguished group of women who have and continue to play key roles in the male-dominated crypto sector.
The SEC claimed that owing to the centralized nature of XRP, it automatically becomes a security thus, it is under its scope.
Per the new version of the Safe Harbor proposal, if a project meets neither of the specified requirements, it will have a few months to register with the SEC as a securities issuer.
Hester Peirce said that the SEC has a special interest in anything that could become security.