News View Non-AMP

Crypto News: NFTs May Escape SEC Securities Regulations, Commissioner Peirce Weighs In

Published by
Anjali Belgaumkar

Hester Peirce, a senior commissioner and head of the Crypto Task Force, at the U.S. Securities and Exchange Commission (SEC), has hinted that NFTs could be the next major crypto asset class to receive regulatory clarity. Peirce, a known advocate for crypto, indicated that the SEC may exempt certain types of NFTs from securities regulations, especially those used by companies for fundraising.

As reported by Sander Lutz of Decrypt, Peirce specifically mentioned projects like Stoner Cats and Fly Fish Club as examples of NFTs that the SEC could carve out from securities regulations. Both projects raised millions of dollars through the sale of membership NFTs before facing legal action from the SEC during the Biden administration.

This development comes on the heels of the SEC’s recent efforts to provide more clarity around crypto mining and meme coins, stating that these activities do not fall under securities regulations.

Impact on the Crypto Industry: What’s Next?

With NFTs emerging as the next logical step, many see this as a positive sign for the industry. Industry experts are positive, with some suggesting that the SEC’s evolving stance could signal a more crypto-friendly regulatory environment. 

At a recent meeting, Peirce criticized the SEC’s past approach, calling it unfair, and stressed the need for fair regulation. She suggested that elections can impact regulatory policies, hinting that the SEC might change its stance on crypto. Her comments offer hope for a more transparent and balanced way of regulating digital assets.

She said, “Spring signifies new beginnings, and we have a restart here, of the Commission’s approach to crypto.”

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Ethereum Flips Bullish While Shiba Inu Prepares for Next Leg Up; Experts Consider This AI-Driven Asset Manager as the Future of DeFi

The Ethereum price soared over 5% this week and surpassed $2,700, while the Shiba Inu…

May 31, 2025

Analysts Forecast Uptrend For Tron: Can the AI Investment Platform, Unilabs, Outshine Solana This Year

While the Tron price is trading at $0.27, top analyst Lennaert has forecasted a breakout…

May 31, 2025

Can $1,500 Turn into $100K? Comparing Ruvi AI (RUVI) and Ethereum’s (ETH) Potential for Explosive Gains

For investors navigating the dynamic world of cryptocurrency, the promise of transforming modest investments into…

May 31, 2025

While Trump’s Meme Coin Dinner Raises Red Flags, Graphite Network Builds for Transparency Over Favoritism

U.S. President Donald Trump held a black-tie dinner at his Virginia golf club for 25…

May 31, 2025

Top Cryptos to Watch in June 2025: TON, XRP, and Ozak AI in the Spotlight

As the digital asset market prepares for an eventful summer, Toncoin (TON), Ripple’s XRP, and…

May 31, 2025

Avalanche Price Breaks February Low — $20.07 In Danger As ETF Delay Triggers Bears

Key Takeaways: AVAX dropped 13.49% this week to $20.07, breaking February’s low and nearing the…

May 31, 2025