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@brs4slxc6
U.S. SEC Commissioner Hester Peirce recently stated that Meme tokens like the one by Tesla, such as Trump's TRUMP token, are not considered securities, and investors shouldn't expect regulatory protection. Peirce told CNBC, "This is similar to the situation in 2021 when NFTs were popular. They are not securities, but their value fluctuates based on investor activity. The SEC missed an opportunity to officially announce that it won't get involved."
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