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SEC Commissioner Hester Peirce stated in a February 11, 2025 interview that many memecoins are not within the SEC’s regulatory purview.

Hester Peirce signaled a shift in the SEC’s regulatory approach on February 11, 2025, stating that many memecoins likely fall outside the agency’s jurisdiction, contrasting with former Chair Gary Gensler’s stance that most crypto tokens should be classified as securities and regulated through enforcement actions.

SEC Commissioner Hester Peirce asserted in a February 11, 2025 interview that the SEC lacks clear jurisdiction over most memecoins and suggested that Congress or other regulatory bodies may need to step in.

SEC Commissioner Hester Peirce stated that individuals have the freedom to invest in memecoins, even if they lack intrinsic value, but cautioned that investors should not expect government intervention in the event of losses

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