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Uniswap Labs disputes US SEC allegations.

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities. The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer.

The announcement of a new token standard is boosting investor confidence, with UNI target $12 to $15.

UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. UniswapX aggregates both on-chain and off-chain liquidity, internalizes MEV in the form of price improvement, offers gas-free swaps, and can be extended to support cross-chain trading.

Uniswap Labs responds to the SEC's Wells notice, defending the use of its protocol and the UNI token

Uniswap Labs detailed to the SEC in a filing Tuesday all the reasons why the agency shouldn't pursue legal action against them. The SEC's enforcement actions this year have increasingly focused on Ethereum and players working in decentralized finance.

Uniswap Labs has issued a defiant response to the SEC's Wells notice, asserting the agency's attempts to regulate DeFi are misguided and legally unsound. The company said in a May 20 blog post that it is confident it will come out victorious if forced into litigation by the SEC.

Uniswap responded to the SEC's Wells Notice, beseeching the commission to learn from past cases and remain within the confines of its constitutional duties or risk defeat in court.

The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC's case.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Mary-Catherine Lader, Uniswap Labs' COO, discusses the filing urging the SEC to drop potential legal action against the firm.

DeFi platform Uniswap Labs responded on Tuesday to the Securities and Exchange Commission, which had notified the company last month that enforcement actions were imminent.

Decentralized exchange giant Uniswap has filed its response to the Wells notice it recently received from the U.S. Securities and Exchange Commission.

After receiving a Wells Notice last month, the maker of decentralized exchange Uniswap pushed back against the SEC's claims.

Uniswap Labs has finally filed a response to the Wells notice from the Securities and Exchange Commission (SEC) and called on the agency to abandon its enforcement action against the company. The notice, released in April, alleges that the company has violated securities laws by functioning as an unregistered securities exchange and broker.

Uniswap Labs leadership broke down why the SEC's accusations against the decentralized exchange are misguided.

Uniswap Labs challenges SEC's enforcement action, arguing the protocol doesn't meet the SEC's definition of an exchange. The post Uniswap Labs claims SEC will fail, urges agency to drop enforcement action appeared first on Crypto Briefing.

The SEC's enforcement actions this year have increasingly focused on ethereum and players working in decentralized finance.

Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum's dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn't worth the fight.

Uniswap Price Analysis: UNI, the native cryptocurrency of the decentralized trading protocol Uniwap witnessed a notable on Monday attributed to the market excitement of potential approval of first Spot Ethereum ETH. In the 24 hours, the UNI price is up 22% to currently trade at 9.34%.

Ethereum (ETH) has seen an incredible price surge in the past 24 hours as the market reacts to news around a potential Ethereum ETF approval. The US Security and Exchange Commission (SEC) kicked off this optimism when it asked for accelerated filings of 19b-4s by issuers.

Uniswap Labs and Across Protocol have launched ERC-7683, a new Ethereum token standard that promises to simplify cross-chain transactions and interoperability.

Uniswap Labs, the company behind the decentralized crypto exchange Uniswap, has recently unveiled ERC-7683 for cross-chain intents, marking a monumental stride. In collaboration with the Across Protocol, a new proposal was brought to attention today, aiming to “establish a unified framework for intents-based systems to specify cross-chain actions.

Uniswap Labs and Across introduce ERC-7683 standard, enhancing cross-chain communication for decentralized finance protocols.

It's not surprising that the impact of the Wells notice would be material to the DeFi space, but it's unclear now what can help.