The US Securities and Exchange Commission (SEC) has officially dropped its case against Uniswap Labs, marking another shift in its regulatory stance under Commissioner Mark Uyeda.
According to a report from the Wall Street Journal, the SEC’s decision follows an ongoing trend of dismissing lawsuits associated with the Biden Administration’s crypto policies.
Uniswap Labs confirmed that the case has been closed without any further action, reinforcing the company’s longstanding position that it operates within the bounds of the law. The decentralized exchange emphasized that its platform fosters a transparent and accessible financial market, countering prior allegations
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