SEC Commissioner Hester Peirce Teases NFT Plans and Criticizes Past Regulatory Approach
SEC Commissioner Hester Peirce, known as 'CryptoMom,' has hinted at personal NFT ambitions while critiquing the agency's historical stance on digital assets. Speaking at a Coin Center event, Peirce joked about launching an NFT collection featuring herself and other crypto ecosystem figures—a stark contrast to her regulatory role.
Peirce's remarks included veiled criticism of SEC Chair Gary Gensler's approach, particularly the push to register crypto exchanges under securities laws. 'Wearing a T-shirt could constitute an exchange,' she quipped, highlighting regulatory overreach concerns.
The outgoing commissioner acknowledged the SEC's chilling effect on NFTs through enforcement actions, while positioning digital collectibles as part of her post-SEC plans alongside beekeeping—a hobby she admits may remain unrealized.