Memecoin Regulation: SEC’s Hester Peirce Challenges Gensler’s Stance

Q: How long will it take to read this news story?

The story "Memecoin Regulation: SEC’s Hester Peirce Challenges Gensler’s Stance" has 1033 words across 51 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Memecoin Regulation: SEC’s Hester Peirce Challenges Gensler’s Stance" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

Q: How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news. The outlet is headquartered in United States and publishes an average of 19 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26099209</li><li>URL: https://chronographically.beamstart.com/news/memecoin-regulation-secs-hester-peirce-17393420358</li></ul>

Coinpedia Logo Coinpedia 11h ago

Memecoin Regulation: SEC’s Hester Peirce Challenges Gensler’s Stance - Coinpedia

Quick Summary:

Hester Peirce, head of the SEC's #Crypto Task Force, stated, "Most of the #memecoins likely don't fit within the #SEC's current regulatory framework".#CoinPedia #CryptoNews #Blockchain #cryptomarket pic.twitter.

Gensler served in the United States Department of the Treasury as Assistant Secretary for Financial Markets from 1997 to 1999, then as Undersecretary for Domestic Finance from 1999 to 2001He has expressed his desire to present crypto-related approach changes later on that include token commitments, decentralized finance, stablecoins, guardianship, exchange-traded resources, and advancing stages.

US SEC Commissioner Herster Peirce’s statement on the Memecoin regulatory environment explains what the current position of the securities regulatory agency on the matter is.