SEC’s Crypto Task Force Will Not Regulate Memecoins, Hester Peirce Announces

Hester Peirce, a member of the SEC’s crypto task force, has revealed the agency will not involve itself in regulating memecoins. Speaking at the Bitcoin 2025 conference in Las Vegas, Peirce said investors shouldn’t expect protection regarding meme tokens like TRUMP.

While acknowledging interest in meme tokens, Peirce said they were ungovernable because the U.S. federal law doesn’t consider them securities. She likened memecoins to NFTs, where the SEC was clear about not regulating the asset class.

Since Trump’s inauguration, the SEC has made more crypto-friendly policies. However, the approach raises a conflict of interest in some situations. Some experts believe the SEC’s decision to ungovern meme tokens is politically motivated in affiliation with the TRUMP token. Peirce has debunked the allegations.