SEC Drops Uniswap Investigation After Coinbase and Robinhood
The SEC abandoned its investigation into UNISWAP lab, resulting in a brief jump in Uni tokens, while bearish conditions still occupy the market. Despite volatilityIt’s a positive month for decentralized exchanges as it launches V4 upgrades and Unichain Mainnet this month.
UNISWAP CEO Hayden Adams claims that Tradfi regulations do not apply to cryptocurrency space and new regulations are needed. Now that another law enforcement case has been removed, pressure is establishing these friendly regulations.
SEC vs UNISWAP ends without any execution
when SEC sent a notification Last year, uniswap, A year of investigation began. The committee claims it is an operating unregistered broker, exchange and clearing agency and has issued unregistered Safety.
In response, The industry gathers behind it. The detector is considered The future of Defi is indispensablehas now been deleted by the SEC.
“It was a huge win, not only a victory over Uniswap Lab defi overall. I’m glad that new SEC leaders are taking a more constructive approach and I look forward to working with Congress and regulators to help create rules that actually make sense. The best day for Defi is ahead,” claim UNISWAP CEO Hayden Adams.
The quiet ending of the UNISWAP case is part of the new trend in the SEC. The committee has been abandoning crypto enforcement lawsuits left and right since President Trump began his term last month. In the past few days, Give up the main lawsuit against Coinbasealthough End investigation into OpenSea and Robin.
Now, the SEC has given up the case. Unwap’s Uni token Can breathe easily. Its price has dropped by 30% over the past month. Even The long-awaited V4 update And Unichain launch had no significant effect.
Despite the stale price movement, Uni jumped briefly after the SEC announcement, indicating some positive prospects. In addition, according to CoinMarketCap data data.
A new future for crypto law enforcement
Interestingly, how this development adapts to a broader federal crypto policy.
In his statement, Adams claimed that “decentralized technology and self-observation are inherently different from tradfi” and should be followed by different regulations. This is a general avoidance, while SEC Working to receive constructive industry feedback.
All in all, the SEC is abandoning many enforcement cases based on Gary Gensler’s interpretation of the law, and uniswap is part of this trend.
However, with the committee’s focus, it also puts pressure on developing this constructive new regulatory environment. Encryption has a real opportunity to map its own future, but it must adhere to the new rules it helps create.
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