Wu Blockchain (@WuBlockchain): SEC Commissioner Hester Peirce stated in an interview with Bloomberg that the SEC may not have jurisdiction over many of the memecoins flooding the cr…
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SEC Commissioner Hester Peirce stated in an interview with Bloomberg that the SEC may not have jurisdiction over many of the memecoins flooding the crypto market. Peirce noted that while each case should be assessed based on its specific circumstances, the majority of memecoins likely do not fall under the SEC’s jurisdiction, unless Congress or the CFTC decides to intervene. bloomberg.com/news/videos/20…