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SEC’s Peirce Says ‘Many’ Memecoins Likely Fall Outside Regulator’s Jurisdiction

Summary by Coin Desk

Peirce is spearheading the SEC’s newly-created Crypto Task Force.

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Coin Desk

SEC’s Peirce Says ‘Many’ Memecoins Likely Fall Outside Regulator’s Jurisdiction

Peirce is spearheading the SEC’s newly-created Crypto Task Force.

10 days ago·Manila, Philippines

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Coinfomania

Can SEC’s New CEO, Hester Peirce, Cleanse The Crypto Mess?

Throughout January, a lot of institutional platforms criticized the SEC on their crypto strategy. The former CFTC chairperson included. Meanwhile, the SEC has put their legal filings with Binance and others on pause also. In such a situation, Hester Peirce arrives and promises to compensate for the mess that SEC’s crypto policy has created. She sets up a quick-action task force. But legal experts say that the court would be badly involved in t…

10 days ago

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Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.

SEC’s Peirce Says ‘Many’ Memecoins Likely Fall Outside Regulator’s Jurisdiction - Plato Data Intelligence

The U.S. Securities and Exchange Commission (SEC) likely doesn’t have jurisdiction over many of the memecoins flooding the crypto market, SEC Commissioner Hester Peirce said in a Tuesday interview with Bloomberg. STORY CONTINUES BELOW “We always have to look at the facts and circumstances, but many of the memecoins that are out there probably do not have a home in the SEC under our current set of regulations,” Peirce said. “If that’s something …

10 days ago

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CryptoPotato

SEC Commissioner Hester Peirce Says Many Meme Coins Fall Outside Regulatory Scope

Once dismissed as gimmicks, meme coins are now backed by influential figures and even state-led initiatives. However, while adoption surges, regulatory oversight remains absent. The Regulatory Debate Continues According to the US Securities and Exchange Commission (SEC) Commissioner Hester Peirce, many of the meme coins in the market today do not come under the regulatory scope of the securities agency. While admitting that “facts and circumstan…

10 days ago

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Financial Planning

SEC's Peirce says agency wants new approach to crypto

SEC Commissioner Hester Peirce, sometimes called the "crypto mom," promises to move away from regulation by enforcement with digital assets.

10 days ago

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Crypto News | Bitcoin News | BTC-Pulse

Memecoins Not Under SEC Oversight, Peirce Says as TRUMP Losses Hit $2B

Peirce says SEC not in the jurisdiction of Memecoins SEC Commissioner Hester Peirce clarified that memecoins, such as those branded as TRUMP and MELANIA, were not considered regulatory under the current framework of the U.S. Securities and Exchange Commission (SEC). On February 11, in an interview with Bloomberg, Peirce voiced these digital assets were not under SEC jurisdiction, saying regulatory control would belong to either Congress or elsew…

10 days ago

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