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Uniswap Becomes Most modern Company to Abolish SEC Reprieve

Uniswap Becomes Most modern Company to Abolish SEC Reprieve

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5 days in the pastWed Feb 26 2025 07:57:08

Uniswap-Becomes-Most modern-Company-to-Abolish-SEC-Reprieve

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  • The SEC has dropped its investigation into Uniswap Labs without pursuing enforcement motion
  • This decision follows similar closures of probes into crypto companies like Coinbase, Robinhood and OpenSea
  • The regulatory shift signifies a extra lenient formula toward the cryptocurrency business under the recent U.S. administration

The U.S. Securities and Exchange Commission (SEC) has formally ended its investigation into Uniswap Labs, opting now to now not pursue any enforcement actions towards the decentralized finance (DeFi) platform. This trend comes on the heels of the SEC closing similar investigations into other renowned crypto entities, at the side of Robinhood and OpenSea, signaling a broader regulatory easing toward the cryptocurrency sector under the recent administration. The decision to ditch all these investigations raises the probability of its charm towards Ripple additionally being canned.

“Colossal Accumulate for DeFi”

Uniswap Labs introduced on February 25, 2025, that the SEC had concluded its probe without filing expenses. The investigation, which started in April 2024 with the issuance of a Wells watch, centered on allegations that Uniswap operated as an unregistered securities dealer and replace, and had issued unregistered securities.

In response to the SEC’s decision, Uniswap described the final consequence as a “massive gain for DeFi,” emphasizing their commitment to compliant innovation inside of the decentralized finance reputation:

The conclusion of our investigation is no longer finest welcome – and proper – relief for Uniswap Labs, but additionally for the broader DeFi community of builders, customers, and builders working toward a better financial machine for all of us.

This regulatory leniency is no longer isolated to Uniswap; no longer too long in the past, the SEC additionally terminated its investigations into Coinbase, Robinhood and the NFT market OpenSea. These actions replicate a large shift in the SEC’s regulatory stance under the recent U.S. administration, with the agency showing to be adopting a extra accommodating formula toward the cryptocurrency business, bright far flung from the stringent enforcement policies attribute of old management.

The SEC (under the old admin) tried to articulate that Uniswap Labs operated an unregistered dealer, replace, and clearing agency, and issued an unregistered safety. These claims absorb now been dropped.@Uniswap Labs is no longer a dealer. The Uniswap Protocol is no longer an unregistered… https://t.co/uVPgkN35DT

— Hayden Adams 🦄 (@haydenzadams) February 25, 2025

The broader implications of this regulatory shift imply a extra favorable surroundings for crypto and NFT companies working in the US. As the SEC continues to reassess its formula, business contributors dwell optimistic regarding the aptitude for clearer pointers and a extra supportive regulatory framework that balances user safety with technological advancement.

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