SEC’s Peirce Says ‘Many’ Memecoins Likely Fall Outside Regulator’s Jurisdiction 📉
SEC Commissioner Hester Peirce has indicated that numerous memecoins may fall outside the jurisdiction of the U.S. Securities and Exchange Commission (SEC). Peirce, who is leading the recently established Crypto Task Force, highlights regulatory challenges in addressing the rapidly evolving memecoin market. Her comments suggest a need for potentially new regulatory frameworks.
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