Hester Peirce: Most memecoin does not fall under SEC regulation

GuShiio.com learned that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce said in an interview with Bloomberg that the SEC may not be able to exercise jurisdiction over many memecoins flooding the crypto market. Peirce believes that while it needs to be judged on a case-by-case basis, most memecoin may not fall within the scope of SEC regulation unless Congress or the Commodity Futures Trading Commission (CFTC) decides to intervene.

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