Hester Peirce： Cryptocurrency startups should be allowed to raise funds through NFTs

BlockBeats News: On March 22nd, at the SEC's first crypto roundtable meeting, Hester Peirce stated that crypto projects should be allowed to finance through tradable NFTs and revealed that NFTs may become the next area for the SEC to issue exemption statements after PoW mining. Peirce stated that projects such as Stoner Cats and Flyfish Club, which raise funds through NFTs and provide specific benefits (such as access and membership) to holders, may not be considered securities. She pointed out that if the SEC could provide a reference framework for NFT issuers, it would be "very helpful" for the development of the industry. Previously, the SEC had sued multiple NFT projects under securities law during Gary Gensler's tenure, but Peirce emphasized that not all projects containing NFTs are automatically exempt from regulation, and NFTs with securities properties structurally will still be subject to regulatory constraints.