Event JSON
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"tags": [
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"https://crypto.news/sec-turns-blind-eye-memecoins-business-official-trump/"
],
[
"subject",
"White House in the memecoin business — and the SEC’s not watching"
],
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],
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"https://crypto.news/app/uploads/2024/11/crypto-news-White-House-option02.webp"
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"Hester Peirce"
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[
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"The SEC does not view meme coins as securities and will not offer guidance or protection to traders. This shift in approach is a departure from the previous administration's stance on cryptocurrency enforcement. Commissioner Peirce compared the meme coin situation to the 2021 NFT boom, noting that while NFTs weren't classified as securities, they still experienced major price fluctuations driven by market speculation."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nWHITE HOUSE IN THE MEMECOIN BUSINESS — AND THE SEC’S NOT WATCHING\n\nhttps://crypto.news/app/uploads/2024/11/crypto-news-White-House-option02.webp\n--\n✍️ SEC Commissioner Hester Peirce clarified that meme coins are not considered securities and will not be regulated by the agency.\n--\n👉 SEC does not consider meme coins as securities\n👉 Agency will not offer guidance or protection to traders\n👉 Shift in approach is a departure from previous administration's stance on cryptocurrency enforcement\n👉 Commissioner Peirce compared meme coin situation to 2021 NFT boom\n\n--\n#HesterPeirce #RichardBlumenthal #Trump #technology\n--\nnostr:nevent1qvzqqqqqqypzqnczevjsmgr697ha7x7yp0hpxcx60udksan3gfrf5p8skymhvcy2qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqxrhpeyd5scky5lzrpwaswra5xnxsewz4ul906v33alkn7uw0758sdw9a7m \n ",
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