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Hester Pierce, the Securities Commissioner of the United States, popularly known in the cryptographic space under the name of “Mom Crypto”, continues to defend the agendas linked to non-butties within the cryptographic regulatory commission. In her latest crypto push, the SEC commissioner recommended that non -butts, in particular those designed to compensate for their digital art creators over time, are not considered titles.
Most NFT are not titles
In a blog article of May 19, Hester Pierce, the Commissioner of the United States Securities and Exchange Commission, shared his reflections on crypto and non -butt products. Before we start, Pierce has put a warning that his opinions are his as a commissioner and do not necessarily coincide with those of the Commission or his colleagues commissioners of titles and exchanges.
Here’s what the crypto working group has done and some things we think:
– Hester Peirce (@hesterpeirce) May 19, 2025
The recent remarks of Hester Peirce, who is also the manager of the dry crypto working group, concerning non -buttocks, has aroused significant interest in the cryptography market, especially among the merchants focused on chips and blockchain platforms linked to the NFT. According to the SEC Commissioner, all the collections of non -tuning tokens are not titles, pleading for a different approach when regulating these digital assets.
Crypto me say that many non -spoiled tokens are not titles, including the NFT designed to compensate for their creators over time. These NFTs are fed by intelligent contracts, which can be programmed to automatically transmit part of the sale price of an NFT to the creator of the work of art as a royalty at each claim. Just as streaming platforms pay royalties to the creator of a song or video each time a user plays it, an NFT can allow artists to benefit from the appreciation of the value of their work after its initial sale.
Pierce also maintains that the characteristic of the “creators’ royalty” of certain NFTs does not provide the rights of the owner of the NFT or an interest in a commercial enterprise or “the types of profits traditionally associated with the securities”. In Crypto, “security” refers to both the safety of technology itself (such as blockchain) and the protection of digital assets and user information. A security token is a specific type of cryptocurrency which represents property or rights in a real asset, such as the actions of a company or a property.
Pierce pushes more nft agendas
Earlier this year, the United States Securities and Exchange Commission (SEC) held its very first round table. During this meeting, directed by the president of the acting sec, Mark Uyeda, who assumed his functions following the resignation of Gary Gensler, Hester Peirce recommended that an crypto startup, which aspires to use non -fascible tokens as a fundraising mechanism to finance their work, should be exempt from regulations on guarantees. If it succeeds in exempting the majority of NFTs from securities laws, there will be a massive adoption of the NFT among creators, businesses and institutions.
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