Internet reports that at the SEC's first crypto roundtable meeting, Hester Peirce said that crypto projects should be allowed to be financed through tradable NFT, and revealed that NFT may become the next area where the SEC will issue an exemption statement after PoW mining. Peirce said projects like Stoner Cats and Flyfish Club that raise funds through NFT and provide holders with specific benefits (such as access rights, membership) may not be considered securities. She pointed out that if the SEC can provide a set of reference frameworks for NFT issuers, it will be very helpful to the development of the industry. Previously, the SEC sued multiple NFT projects under securities laws during Gary Gensler's tenure, but Peirce emphasized that not all projects containing NFT are automatically exempt from regulation, and NFTs with structural securities attributes will still be subject to regulatory constraints.