Uniswap facing regulation – Why is the SEC coming for DeFi?
September 7, 2021
Uniswap is the biggest DeFi protocol in the world. It not only played a significant role in making decentralised finance more popular, but it also paved the way for Ethereum to become the number one platform in terms of DeFi. But most recently, Uniswap came under scrutiny by the Security and Exchange Commission (SEC) in the United States.
Many true believers of decentralised finance have pointed out in the past that DeFi can never be regulated. The SEC, however, seems to be eager to find a way to classify what decentralised finance is doing and, in particular, Uniswap.