✳flâneur — a map of the web's best reading

The fight for DeFi continues

blog.uniswap.org · 777 words · saved by 1 readers

Today, we are sharing our response to the Wells notice Uniswap Labs received from the SEC last month. We believe the SEC should embrace open source technology that improves on outdated commercial and financial systems, instead of attempting to litigate it out of existence. The Uniswap protocol is secure, low cost, transparent infrastructure that “protects investors and maintains fair, orderly, and efficient markets.” Ironically, that’s the SEC’s mission. The SEC’s aggressive theories are an effort to expand its jurisdiction beyond exchanges to communications technology – and beyond securities to all markets. Their legal arguments are weak and have been refuted by courts. And tomorrow, we expect the House to pass a bill that would give the CFTC robust authority to cover digital asset trading. The Uniswap Protocol is autonomous software that enables users to transact directly with one another, securely, without paying fees to centralized intermediaries or relying on them to keep their as

The Fight for DeFi Continues All Stories #Company May 21, 2024 The Fight for DeFi Continues #Company Today, we are sharing our response to the Wells notice Uniswap Labs received from the SEC last month. We believe the SEC should embrace open source technology that improves on outdated commercial and financial systems, instead of attempting to litigate it out of existence. The Uniswap protocol is secure, low cost, transparent infrastructure that “protects investors and maintains fair, orderly, and efficient markets.” Ironically, that’s the SEC’s mission. The SEC’s aggressive theories are an eff

Explore this link on the map →

related reading