Uniswap Labs has received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating that it may face a lawsuit. This event is widely seen as a significant regulatory challenge to the decentralized finance (DeFi) sector in the cryptocurrency industry.
Ryan Adams, co-founder of Bankless, expressed on the X platform, “This is a major event.” He pointed out that the SEC and the White House have taken strong measures against Uniswap, marking a significant escalation. He believes that Uniswap is the benchmark for decentralized cryptocurrency and its founder, Hayden Adams, should be praised as a great entrepreneur of our time, rather than being taken to court. Ryan emphasized that waging a war on cryptocurrency is equivalent to waging a war on the internet.
Andy, co-founder of The Rollup, stated on the X platform, “The war on DeFi has begun, and we must strengthen privacy protection on the blockchain and continue to develop censorship-resistant systems.”
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Tags:
DeFi
Uniswap
cryptocurrency
Source link:
https://www.theblock.co/post/287675/crypto-industry-reacts-to-sec-serving-unis…
Note: The opinions expressed in this article are solely those of the author and do not constitute investment advice.
Original article link: https://www.bitpush.news/articles/6594720
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