UNISWAP LABS, creative behind the largest decentralized trading platform on Blockchain ethereum (ETH), Declare On Tuesday, the US Securities and Stock Exchange Committee (SEC) has officially closed its investigation into the company without taking any enforcement action.
UNISWAP celebrates SEC decision
The SEC check for UNISWAP laboratories began in April, when the agency issued Wales notification indicating plans to recommend legal contact against the company.
The Supreme Education Council claimed that the uniswAP was working as an unregistered medium and exchange, and claimed that it had issued unregistered securities. In response to the Wells notification, the uniswAP Labs confirmed that it works in full compliance with the applicable laws.
In their official statement, the company expressed its satisfaction with the recent SEC decision, which they interpret as reaffirming their compliance and commitment to transparency. “The technology that we build makes the markets more transparent, effective, and can be reached,” as stated in the statement.
The conclusion of the investigation is not only important for UISWAP laboratories, but it also reflects a broader transformation in SEC’s organizational approach under new leadership.
The organizational scene reduces the SEC closure of investigations
The agency recently moved away from the previous “regulations through implementation” strategy, which included taking punitive measures against companies in the encryption space.
This change is evident in the concurrent SEC decisions Documentation investigations In other encryption entities, such as Robinhood, which also faced scrutiny without leading to enforcement procedures.
In addition, SEC plans for Ending her legal battle against CoinbaseWhich indicates a possible new era for cooperation and clarity in the regulatory frameworks that govern digital assets.
The UniWAP LABS also expressed its willingness to engage in a constructive dialogue with organizers and policy makers to develop clear and reasonable regulations that support innovation in the Defi sector.
The company believes that enhancing open conversations on the future of financing will not only benefit from its operations, but also the full ecosystem of builders, developers and users committed to creating a better financial system.
Distinctive image from Dall-E, Chart from TradingView.com
