PANews reported on May 30 that according to CoinDesk, Hester Peirce, head of the U.S. SEC Crypto Working Group, said at the Bitcoin 2025 Conference that crypto investors should be responsible for their investment decisions rather than seeking government assistance when they lose money. The committee member emphasized: "If you advocate free choice, you should learn lessons from investment failures instead of asking for assistance." Peirce pointed out that most crypto tokens are not securities themselves, and related trading platforms do not need to register with the SEC unless they involve securities business. Regarding the recent popular Meme coin, she made it clear that this is a speculative field where investors must bear their own risks. On the issue of listed companies holding crypto assets, Peirce took a neutral attitude and only emphasized the need to disclose information.

The SEC has recently adopted a policy statement to exclude Meme coins, some mining activities and stablecoins from the scope of regulation. Peirce said that the SEC is clarifying the regulatory boundaries of digital asset securities, but the specific regulatory framework for retail crypto transactions still needs to be established by Congress. When the audience was asked whether federal crypto regulation was needed, they received a clear response of opposition.