⚖️ SEC's Crypto Rebel Speaks Out: “Most Tokens Aren’t Securities!” 🚀
At the SEC Speaks event on Monday, Commissioner Hester Peirce, head of the Crypto Task Force and often dubbed “Crypto Mom” 🧠, made bold statements that are shaking up the crypto world 🌐.
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🗣️ Key Highlights:
💬 “Most crypto tokens aren't securities by design,” Peirce declared.
🔍 She emphasized that economic realities matter — not just legal definitions.
🛡️ Assets used solely for utility or consumption shouldn’t fall under securities law.
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📢 What Hester Peirce Said:
🏛️ The SEC has held over 100+ meetings with crypto industry leaders to work toward clarity.
📜 Peirce is pushing for clear, tailored crypto guidelines — and more transparency!
🤔 “Tokens must have economic rights in a business to be a security,” she clarified.
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🚫 Meme Coins Not Securities?
Peirce reaffirmed that the Task Force does not consider meme coins or non-investment tokens to be securities, unless they include business promises or ownership rights 💼❌.
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🎁 Airdrops May Be Exempt:
“The Commission may allow certain airdrops to be exempt from full registration,” Peirce suggested 🎉📉
She hinted at building an exemption framework for specific crypto distributions.
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⚠️ Courts & Clarity:
⚖️ Some courts treat secondary crypto sales as securities — Peirce disagrees.
She warned the SEC not to rely too heavily on court rulings and to instead lead with policy clarity 📘🚫.
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🧠 Final Take:
Hester Peirce is making waves again — calling for fair crypto rules, regulatory clarity, and innovation-friendly policy 🌊✨. Her message is clear: not all tokens should be shackled by securities law.
