TechFlow news, May 31 — According to CNBC, SEC Commissioner Hester Peirce recently stated that meme coins such as $TRUMP fall outside the regulatory scope of the U.S. SEC, and investors should not expect regulatory protection.
Peirce told CNBC, "This situation is similar to the NFT craze in 2021. They are not securities, yet their value fluctuates based on investor activity in the market. The SEC missed an opportunity to publicly declare non-intervention."
In an interview at the Bitcoin 2025 conference in Las Vegas, Peirce noted, "Almost anything can be packaged as a security offering. But overall, it makes sense for people to understand that I shouldn't expect the SEC to provide protection in this area."
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