🇺🇸 SEC Commissioner Hester Pierce speaks out on the SEC's controversial February decision, which stated that meme tokens are generally not considered securities. The announcement coincided with President Trump and his wife launching their own meme token, raising suspicions of political connections.

Commissioner Pierce explained that due to the significant attention meme coins are receiving, the SEC needed to provide clarity. She emphasized that investors should not expect protection from the SEC in this area, as memecoins are not securities.