WHITE HOUSE IN THE MEMECOIN BUSINESS — AND THE SEC’S NOT WATCHING
https://crypto.news/app/uploads/2024/11/crypto-news-White-House-option02.webp
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✍️ SEC Commissioner Hester Peirce clarified that meme coins are not considered securities and will not be regulated by the agency.
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👉 SEC does not consider meme coins as securities
👉 Agency will not offer guidance or protection to traders
👉 Shift in approach is a departure from previous administration's stance on cryptocurrency enforcement
👉 Commissioner Peirce compared meme coin situation to 2021 NFT boom
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#HesterPeirce #RichardBlumenthal #Trump #technology
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