SEC Stance: No Protection for Meme Coins

SEC Will Not Regulate Meme Coins Like TRUMP

• Hester Peirce, SEC Commissioner, stated the SEC will not regulate meme coins.
• Meme coins such as TRUMP are not classified as securities by the SEC.
• The situation is similar to the 2021 NFT boom, which lacked SEC intervention.
• This aligns with the Trump administration’s policy on reducing crypto market pressure.
• Concerns exist over potential conflicts of interest involving Trump’s family and foreign influence through crypto assets.

Hester Peirce emphasized that investors in meme coins like TRUMP should not expect protection from regulatory authorities, as these tokens are beyond the SEC’s jurisdiction and are not classified as securities.