SEC dropped its investigation into the UISWAP laboratories, causing the UNI code to jump shortly while the homosexuals still dominate the market. Despite the fluctuations, it was a positive month for decentralized exchange, as it launched a V4 and Unichain Mainnet this month.
Hayden Adams, CEO of uniswap, claimed that Trafi regulations do not apply to encryption space and that they are required. Now that another enforcement issue is dropped, the pressure is built to create these friendly regulations.
SEC VS Uniswap ends without any application
When SEC sent Wales notice to Uiswap last year, she started a year investigation. The committee claimed that it was an unregistered mediator, exchange, the clearing agency and issued unregistered security.
In response, the industry gathered behind. This investigation, which was considered an integral part of the future of Defi, has now been dropped by the Supreme Education Council.
“This is a big victory, not only for the UISWAP laboratories but for Defi as a whole. I am grateful because the new SEC driving takes a more constructive approach, and I look forward to working with Congress and organizers to help create logical rules already for Defi. The best DEFI days in the future,” Claim The CEO of uniswap Hayden Adams.
The calm end of the unitwap case is part of a new direction in the Supreme Education Council. Since President Trump’s mandate began last month, the committee has been declining to enforcement allowances to the left and right. In the past few days, a major lawsuit has decreased against Coinbase, while investigations at Opensea and Robinhood end.
Now that the Supreme Education Council has dropped its case, it can breathe a slightly easier UNISWAP code. During the past month, its price suffered a 30 % decrease. Even a long -awaited V4 update and Unichain’s release had no noticeable effect.
Despite the meaningless price movements, Uni jumped shortly after the SEC announcement, indicating some positive expectations. Also, TOKEN’s daily trading volume increased by more than 140 % today, according to CoinMarkcap Data.
A new future to enforce encryption
It will be interesting to see how this development fits a broader mosaic for federal encryption policy.
In his statement, Adams claimed that “decentralized technology and self -bodies differ in nature” from Trafi and that it should be held on different regulations. This is a common refusal, and SEC works to receive notes in the constructive industry.
To summarize it, the Securities and Stock Exchange Commission drops many of the enforcement cases conducted under the interpretation of Gary Ginsner of the Law, and the UISWAP part of this trend.
However, as the committee changes its focus, it put pressure on the development of this constructive new organizational environment. Crypto has a real opportunity to draw its own future, but it must comply with the new rules that help in its creation.
Disintegration
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