PANews reported on February 26 that according to Uniswap Labs’ announcement, the U.S. Securities and Exchange Commission (SEC) has officially ended its multi-year investigation into it and has not taken any enforcement action. Previously, the SEC had issued a Wells notice to Uniswap Labs, accusing it of operating an unregistered securities exchange, engaging in unregistered brokerage or clearing business, or issuing unregistered securities. The end of this investigation is seen as an affirmation of the compliance of decentralized finance (DeFi).
Uniswap Labs said it will continue to engage in dialogue with regulators to promote the healthy development of the DeFi industry, and is committed to improving market transparency, reducing transaction costs, and reducing reliance on intermediaries.
