Under Gary Gensler Leadership, cryptography and Defi protocols, including UNISWAP (UNI), have been highly scrutinized. The central lamp and replacement was a hit beginning. Binance, Kraken, and Coinbase I was sued For millions, sometimes billions.
The Securities and Exchange Commission (SEC) claims it allowed the trade of unregistered securities and in some cases encouraged money laundering. Binance settled down at over $4 billion, and Changpeng Zhao resigned as CEO, but others like Coinbase chose to fight.
Yesterday, February 25th, the US SEC officially made its appearance Closed Uniswap research, one of them The world's The largest defi platform. Importantly, the agency opposed enforcement action.
This movement is a Selection subject Defi Wins, a key sub-sector that provides liquidity to crypto projects serving users. By removing the case, the SEC has confirmed that DEX operates within the law.
Most importantly, it could potentially be one of the best ciphers to validate its product and potentially Uni will be one of the best ciphers to buy in 2025.
Will UNISWAP win SEC: Dex Markets in the Clear?
The Uniswap investigation began in 2021 and escalated in April 2024 with a Wells Notification. it's not Guaranteed the lawsuit, the caveat.
The agency alleged that Uniswap is illegally operated, engaged in unregistered brokerage activities and issued unregistered securities.
UnisWap Labs, the team behind the Decentralized Exchange (DEX), has refuted the autonomous protocols that feature self-executing smart contracts on public ledgers like Ethereum and BNB chains.I didn't do it It fits Seconds Accusation. They argued, its decentralized nature provided it Agent's They claim that the claim cannot be applied.
As expected, Wells against Uniswap sparked controversy.
Hayden Adams, founder of Uniswapexpressed disappointment, but he said he was ready to fight. He said in X that the SEC is targeting legitimate projects while overlooking scams like FTX.
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The collapse of FTX in November 2022 saw crypto prices drop, dragging Bitcoin below $16,000.
After months of pushbacks, including a 40-page rebuttal from Uniswap, the SEC removed the case. this Verify Uniswap works externally Agent's Wins in both regulatory frameworks, protocols and broader industries.
in Uniswap's Look, the new US SEC leadership now I will recognize it Something “A more effective path to protecting American consumers. ”
For Defi projects under scrutiny, this sets precedent. When the case collapses, open source, Smart Contract-based platform it's not Legal financial entities.
Past rulings strengthen this as in 2023 Risleyv. UniswapLabs The decisions that judges have ruled decentralized protocols like Uniswap are Seconds jurisdiction. from now on, Uniswap said it has received dialogue and support from regulators and lawmakers. “Develop clear and wise laws and regulations for new technologies like Defi. ”
Is it the wrong time? Uni Price Bears Target $7 Bottom
With this “structure” Winning is essential, arrives during turbulence of codes and is controlled by the bear. Bitcoin and the wider market are sliding.
During pressing, Total crypto market capitalization fell 4% to around $2.95 trillion.
Bitcoin is heading towards $90,000 Uniswap is under pressure and retreated in early November 2024.
UNI took the risk of falling below $7 in the future, as it erased a large portion of its profits for the fourth quarter of 2024.
Exploration: History Book Remembers Crypto 2025: But what is the best new cipher to buy?
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The US SEC closes lawsuit against Uniswap, the wrong timing for UNI?
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US SEC lowers lawsuit against Uniswap
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Is this a defi victory?
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UNI prices under pressure
Post Sec closes lawsuit against Uniswap: Defi wins, but is the market timing wrong? It first appeared in 99 Bitcoin.
