At Bitcoin 2025, Peirce commented on the SEC's actions regarding meme coins, in particular TRUMP.
She noted that the agency will not regulate these tokens, and investors are left unprotected.
"Crypto mom," as she is called in the community, recalled the NFT boom of 2021 without regulatory intervention.
Commissioner of the U.S. Securities and Exchange Commission (SEC) Hester Peirce stated that the meme coin $TRUMP is not under the agency's jurisdiction, and investors should not expect protection from the government.
"If you expect the SEC to protect you in the realm of meme coins, you shouldn't count on it," Peirce said during the Bitcoin 2025 conference in Las Vegas.
Let us remind you that the token $TRUMP , affiliated with the family of U.S. President Donald Trump, skyrocketed after its launch in January 2025, reaching a market capitalization of $15 billion, but also rapidly collapsed.
According to the SEC's statement in February, most meme coins are not classified as securities, which means they are removed from regulatory oversight. This aligns with the new policy of the Trump administration, which reduces pressure on the crypto market.
Peirce compared the situation to the NFT boom of 2021 when these assets also rose and fell without SEC intervention. She emphasized that the regulator should establish clear rules rather than act situationally, which indicates a change in the SEC's approach to cryptocurrencies in the new political reality.
Against this backdrop, the agency closed the case against Binance and its founder Changpeng Zhao, further strengthening confidence in the pro-market course of the regulator. Zhao, who was released from prison last September after a deal with the Justice Department, is now closely tied to the structures of the U.S. president.
Despite statements from the White House about a lack of conflict of interest, Democratic senators, particularly Richard Blumenthal, express concern about the crypto assets of the Trump family as a potential channel for influence from foreign and corporate players.
Additionally, the chair of the House Financial Services Committee, French Hill, also sees a threat from Trump's crypto projects to the formation of the regulatory environment.
