The U.S. Securities and Exchange Commission has officially concluded its long-running investigation into Uniswap Labs with no enforcement action.
The inquiry, which lasted multiple years, focused on whether the company operated as an unregistered securities exchange, issuing unregistered securities.
Last year, the commission issued a Wells Notice to Uniswap, signaling potential enforcement action. However, the decision to close the case without any charges indicates that the company has not violated existing regulations.
In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and issued an unregistered security
As of yesterday, that investigation has officially been closed, and the SEC is taking no enforcement action
This is a…
— Uniswap Labs 🦄 (@Uniswap) February 25, 2025
Uniswap Labs Compliance
Uniswap Labs has stated that it operates within the boundaries of all applicable laws. The company emphasized that its platform provides greater market transparency, efficiency, and accessibility.
Furthermore, the company has maintained that its technology strengthens financial markets by removing centralized control and allowing users to retain custody of their assets.
Uniswap believes that the broader DeFi ecosystem may find increased regulatory clarity after the recent SEC decision.
Moreover, it indicated a willingness to engage with regulators and policymakers to establish clear guidelines for DeFi. The company sees constructive discussions as essential to shaping regulations that fit emerging financial models.
SEC’s Approach to Crypto Firms Under Scrutiny
It is important to note that since Mark Uyeda took office as the acting SEC chairman, the agency’s approach toward crypto firms has been more lenient.
Just last week, Robinhood Crypto (RHC) received confirmation from the SEC that no enforcement action would be taken against it.
On February 21, the SEC’s Enforcement Division notified Robinhood of the investigation’s closure. The inquiry stemmed from a Wells Notice issued in May 2024, which suggested potential violations related to the company’s crypto services.
The resolution marks another instance of the SEC stepping back from pursuing legal action against crypto firms.
Meanwhile, Binance and the SEC reached a temporary pause in their legal battle. On February 14, a federal judge in Washington, D.C., approved a 60-day stay in the lawsuit filed against the exchange in June 2023.
The original suit argued that Binance and founder Changpeng Zhao mismanaged customer funds and inflated trading volumes.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
