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TechFlow reported, citing The Block, that SEC Commissioner Hester Peirce said in a Bloomberg interview that many meme coins currently in the market may fall outside the regulatory scope of the U.S. Securities and Exchange Commission (SEC). As head of the SEC's Cryptocurrency Task Force, Peirce noted that addressing this issue might require intervention from either the U.S. Congress or the Commodity Futures Trading Commission (CFTC).
According to The Block, SEC Commissioner Hester Peirce said in a Bloomberg interview that many meme coins currently in the market may fall outside the regulatory scope of the U.S. Securities and Exchange Commission (SEC). As head of the SEC's cryptocurrency task force, Peirce noted that addressing this issue might require intervention from the U.S. Congress or the Commodity Futures Trading Commission (CFTC).
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