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SEC member Hester Peirce, also known as Crypto Mom, spoke about meme coins! "Will TRUMP be affected?"
Due to her positive approach towards Bitcoin (BTC) and cryptocurrencies, SEC member Hester Peirce, also known as the Crypto Mom, made significant statements.
Speaking to Bloomberg, Peirce answered questions about memecoins, including official tokens for US President Donald Trump and his wife Melania Trump, known as TRUMP and MELANIA, respectively, and stated that most memecoins in the market do not fall under the SEC's jurisdiction.
Peirce indicated that the newly formed SEC crypto task force, which she leads, is working to classify which tokens are securities and which are not securities.
Peirce, who stated that the former SEC under the leadership of Gary Gensler has filed numerous lawsuits against many cryptocurrency platforms, expressed her desire to change her previous perspective: “We have put obstacle upon obstacle for people trying to talk to us. So, from now on, my only wish is to have an innovation policy that allows people to innovate and try new things.”