Uniswap Labs, the creator behind the largest decentralized trading platform of the Ethereum (ETH) blockchain, announcement Tuesday, the US Securities and Exchange Commission (SEC) officially closed its investigation into the company without taking any application measure.
UNISWAP celebrates the dry decision
Examination of the SEC Uniswap laboratories began in April when the agency published a Wells notice indicating plans to recommend legal action against the company.
The SEC allegedly alleged that Uniswap operated as a broker and exchange not registered, and said that he had issued unregistered titles. In response to the advice of Wells, the United Laboratories argued that it operated in full compliance with applicable laws.
In their official declaration, the company expressed its relief in the face of the recent DEC decision, which they interpret as a reaffirmation of their compliance and their commitment to transparency. “The technology that we build makes the markets more transparent, efficient and accessible,” said the press release.
The conclusion of the survey is not only significant for Laboratoires Uniswap, but also reflects a broader change in the regulatory approach to dry under a new leadership.
The regulatory landscape accumulates as the dry ends the surveys
The agency recently moved from its previous “application regulation” strategy, which involved taking punitive measures against companies in cryptographic space.
This change is obvious in the simultaneous decisions of the dry to narrow surveys In other cryptographic entities, such as Robinhood, which has also been excessive without leading to application measures.
In addition, the dry provides for end his legal battle against Coinbasereporting a new potential new era of cooperation and clarity in regulatory managers governing digital assets.
Uniswap Labs has also expressed his desire to engage in a constructive dialogue with regulators and decision -makers to develop clear and sensible regulations that support innovation in the DEFI sector.
The company estimates that the promotion of conversations open to the future of finance will not only benefit their operations, but also to the entire ecosystem of manufacturers, developers and determined users to create a better financial system.
Dall-e star image, tradingView.com graphic
