Sec uniswap uniswap julystreetjournal

sec uniswap uniswap julystreetjournal

Earlier this week, Gensler reiterated his stance on DeFi protocols, asserting that many supposedly decentralized platforms have “a fair amount of centralization,” citing governance mechanisms, fee models, and incentive systems.

The SEC have become increasingly involved in regulating the crypto space. Following developments in the regulator’s ongoing case against Ripple, the SEC has also sued BitConnect founder Satish Kumbhani in a new legal filling this week.

Uniswap Labs has not been idle in the face of mounting regulatory pressure. In July, the exchange delisted over 100 tokens, raising questions over the platform’s decentralization. Many of the delisted tokens were synthetic assets or tokenized stocks, instruments with a high risk of being classified as securities by the SEC.

Uniswap has grown exponentially since its V1 release in November 2018.


Commission (SEC) has announced it is investigating Uniswap, the world’s No. 1 decentralized automated liquidity protocol exchange.

from the report of coin telegraph states that there are now law enforcement attorneys Looking for information on Uniswap’s market and investor services, the US Securities and Exchange Commission (SEC) is investigating the world’s largest crypto-currency exchange startup Uniswap by regulators. U.S. securities have begun an investigation into Uniswap Labs, the main developer of Uniswap, the Wall Street Journal reported on Friday.

The report said law enforcement lawyers are currently seeking information about Uniswap’s marketing and investor services, citing anonymous sources familiar with the matter.

A spokesperson for Uniswap Labs reported that “The company is committed to complying with the laws and regulations that govern our industry.

U.S. Securities and Exchange Commission (SEC) is reportedly investigating Uniswap Labs, the developer behind the largest decentralized exchange Uniswap.

Uniswap Under Investigation

DeFi giant Uniswap Labs will face an investigation from the U.S. Securities and Exchange Commission, according to a report published by the Wall Street Journal Friday morning.

Anonymous sources disclosed that SEC attorneys are seeking information about how investors use Uniswap and how the exchange is marketed.

In response, a representative from Uniswap Labs told the Wall Street Journal:

“[Uniswap is] committed to complying with the laws and regulations governing our industry and to providing information to regulators that will assist them with any inquiry.”

The exchange’s governance token, UNI, has reacted negatively to the news, dropping over 6% so far.

It only cultivated more interest with the surprise airdrop of its governance token in September and its rivalry with vampire copycat “SushiSwap.”

In a short amount of time, it became a threat for centralized trading platforms of the likes of Coinbase that rely on old-fashioned order books.

With DeFi no longer being a niche sector, Uniswap turned into a crypto giant, crossing $10 billion in weekly trading volume in April.

Yet skeptics have pointed out that the platform might not be sufficiently decentralized since the project’s user interface (UI) is controlled by a centralized authority. In July, the exchange raised many eyebrows after blacklisting 100 tokens from the platform.

Furthermore, some believe that the UNI governance token might not pass the Howey Test, which would make it an unregistered security.

Generally significantly overcollateralized Protocol based default enforcement Real time Fraction of the fees— Matt Corva (@MattCorva) September 1, 2021

These may sound like small distinctions, but this type of online activity was impossible before blockchain technology. The fact Gensler equates archaic peer-to-peer lending with DeFi is a worrying sign for the future, and is surely enough to scare some developers from innovating.

It will be fascinating to see how Uniswap’s investigation unfolds, as this could have astronomical implications for the future of DeFi.
It would appear Gensler is leaning towards a harder approach to regulations, rather than the “light touch” style seen when regulating the internet. The nature of the scenario is sure to get clearer as time goes on.

Uniswap’ın teklifi nedir?

Şirketin web sitesine göre, şu şekildedir: “Takas etmek, kazanmak ve önde gelen merkezi olmayan kripto ticaret protokolünü geliştirmek”. Daha spesifik olarak bu, şirketin aşağıdaki üç seçeneği sunacağı anlamına gelir:

“Takas” işlevi: farklı ERC-20 jetonlarının değiş tokuş edilmesini sağlar.

“Kazan” işlevi: Likidite sağlanması için sermaye artışı garantisi: Tokenlerin yatırılması işlem ücretleri ile ödüllendirilir.

“Oluştur” işlevi: Uniswap protokolünde DeFi uygulamalarının oluşturulması.

Uniswap protokolü V2’den V3’e değiştirdiğinden, özellikle likidite sağlayıcılarına daha fazla güvenlik garanti edilmiştir. Bu, diğer şeylerin yanı sıra, ERC-721-NFT’den ve ayrıca her bir token çifti için Mayıs ayında tanıtılan farklı havuzlardan kaynaklanmaktadır.

The post SEC Announces Probe Into UniSwap appeared first on BeInCrypto.SEC Launches Probe Into Company Behind Largest Decentralized Crypto Exchange Uniswap – Benzinga

The U.S. Securities and Exchange Commission (SEC) is reportedly looking into the company behind crypto’s leading decentralized exchange Uniswap (CRYPTO: UNI).

Uniswap Token Falls on SEC Investigation Report – Crypto Briefing

The UNI token has reacted negatively to the news.

SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report – Bitcoin

According to a recent report, the U.S.
Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped in the last seven days.

Is the SEC Looking for Markers of Centralization?

This could form a landmark case against Uniswap, and by extension, all of DeFi. To understand why, we need to look into how decentralization works in a legal setting.
Platforms like Uniswap are distributed worldwide, running on blockchains that have no centralized hub or true headquarters.

The Uniswap Labs lead developer and CEO, Hayden Adams, may live and work in the US, but that does not mean Uniswap itself resides there. DeFi protocols do not truly reside anywhere– they are spread across the globe, running autonomously.

This is what makes the investigation so unusual.
The US Securities and Exchange Commission is, as its name suggests, a US authority, not a global authority.

Sources from the report […]SEC Launches Probe On Uniswap Labs – Crypto Daily

The U.S. Securities and Exchange Commission (SEC) is reportedly pushing through with an investigation on Uniswap Labs, the makers of the Uniswap ($UNI) protocol, a decentralized exchange.According to initial reports from the Wall Street Journal, the investigations were neither confirmed nor denied by a spokesperson from the SEC.
On the other hand, a representative from Uniswap Labs stated that they are “committed to complying with the laws and regulations governing our industry and to providing information to regulators that will assist them with any inquiry.

SEC Investigating Uniswap – Trustnodes

The US Securities and Exchanges Commission (SEC) is investigating the no order-book decentralized exchange Uniswap according to unnamed sources familiar with the matter.

August Regulators have signed a $125,000 deal with blockchain analytics firm AnChain.AI for technical assistance to monitor and regulate the DeFi industry.

Before the SEC made more efforts to investigate DeFi, Uniswap delisted dozens of tokens and stocks from its trading platform in late July. citing increasing regulatory pressures. “We examine the evolving regulatory landscape.” Uniswap said, pointing out similar moves by other DeFi players.

However, by definition, the DeFi industry is a blockchain-based finance model that does not rely on any financial intermediary to process transactions through an automated protocol mechanism known as smart contracts. The industry has seen tremendous growth in the past few years.

It has grown from a total of about $8 billion last September to more than $174 billion today.

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