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The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement. The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security.
The SEC dropped its investigation into Uniswap Labs, causing the UNI token to briefly jump while bearish conditions still dominate the market. Despite the volatility, it has been a positive month for the decentralized exchange, as it launched the v4 upgrade and Unichain mainnet this month.
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
The US Securities and Exchange Commission (SEC) is set to drop its case with Uniswap Labs in what is considered a sustained shift in its pro-crypto agenda. According to an update from Uniswap Labs, the investigation into the case comes with no further action.
Uniswap's creator says that the SEC is closing its investigation without enforcement action, mirroring recent OpenSea and Robinhood moves.
The platform called the move a “huge win for DeFi” after reports have suggested the SEC may be radically changing its approach to crypto enforcement in 2025.
Coinbase and OpenSea recently had their years-long investigations dropped by the SEC as the agency takes a friendlier approach to crypto.
The SEC's decision not to pursue action against Uniswap may signal a more cautious regulatory approach towards decentralized finance platforms. The post SEC drops Uniswap investigation without enforcement action appeared first on Crypto Briefing.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
Uniswap has created history with its mind blowing hold over the world. The financial system was revolutionized when Uniswap started climbing the ladder.
Over the past year, AAVE has surged by 177%, becoming the top performing DeFi token.
Story, Ondo Finance (ONDO), OFFICIAL TRUMP, Solana (SOL), and Uniswap (UNI) are five Made in USA cryptos to watch closely in the last week of February. Story has gained massive attention as a top AI crypto, despite a recent short-term correction.
The shift of trading volume from centralized to decentralized exchanges, marks a potential recovery signal for Uniswap. With new contracts and growing share in the DEX market space, will the market demand for UNI token propel its price to $12?
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
Wormhole integrates with Unichain, facilitating seamless asset transfers across blockchains. This partnership enhances DeFi liquidity and offers developers efficient cross-chain solutions.
UNI approaches key trendline support level as whales eye price reversal for a potential rally to $10.
Pi Network (PI) has shattered records, becoming the largest and most valuable airdrop in crypto history, surpassing Uniswap's (UNI) previous achievement. This development follows the network's mainnet launch and the token's debut on major exchanges, sparking huge excitement in the crypto industry.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Pi Network (PI) has become the largest and most valuable airdrop in crypto history, surpassing Uniswap's (UNI) previous record.
Uniswap, a top decentralized exchange (DEX), has been facing difficulties in gaining momentum over the past few weeks. Despite its attempts to recover from earlier losses, the token price remains stuck below the $10 mark.
Despite high expectations, Uniswap V4 DEX has captured just 0.01% of the platform's total trading volume, significantly trailing the rapid adoption of V3 and V2.
Uniswap, a leading decentralized exchange (DEX), has faced significant challenges in recent weeks. Despite its attempts to recover recent losses, the price has remained stalled below $10.
Amid the recent flurry of controversial meme coins on Solana, Uniswap CEO Hayden Adams has weighed in, claiming that flawed launches are often intentional rather than accidental.
Uniswap (UNI) is currently at a crucial juncture in its price action, and whether it will see a significant breakout or a further decline largely depends on its ability to maintain a key support level. At the time of writing, UNI is trading near the $9.60 mark, having dropped 2.25% in the last 24 hours.
