Fighting for DeFi

Today Uniswap Labs received a Wells notice from the Enforcement Division of the U.S. Securities and Exchange Commission (SEC), notifying us that they are planning to recommend a legal action against us. In the meantime, our entire suite of current products will continue to be available, and we will continue to ship new products. Taking into account the SEC's ongoing lawsuits against Coinbase and others as well as their complete unwillingness to provide clarity or a path to registration to those operating lawfully within the U.S., we can only conclude that this is the latest political effort to target even the best actors building technology on blockchains. Despite SEC rhetoric that "most" tokens are securities, the reality is that tokens are a digital file format, like a pdf or spreadsheet, and can store many kinds of value. They are not intrinsically securities, just as every sheet of paper is not a stock certificate. The overwhelming volume of traded tokens are definitively not secur

Fighting for DeFi All Stories #Company April 10, 2024 Fighting for DeFi #Company Today Uniswap Labs received a Wells notice from the Enforcement Division of the U.S. Securities and Exchange Commission (SEC), notifying us that they are planning to recommend a legal action against us. In the meantime, our entire suite of current products will continue to be available, and we will continue to ship new products. Taking into account the SEC's ongoing lawsuits against Coinbase and others as well as their complete unwillingness to provide clarity or a path to registration to those operating lawfully

related reading

• The Fight for DeFi Continuesblog.uniswap.org
• Federal regulators are preparing to pass judgment on Ethereumcointelegraph.com
• American Leadership in the Digital Finance Revolutionsec.gov
• Coinbase, Inc. and Coinbase Global, Inc.sec.gov
• Tokens vs. Equitydefieducation.substack.com
• Ripple effects: developments following decision in SEC v. Ripple Labsskadden.com
• Report: Uniswap Labs Business Breakdown & Founding Story | Contrary Researchresearch.contrary.com
• Weekly Top Stories - 05/08/26galaxy.com
• Consensys is suing the SEC to defend the Ethereum ecosystem | Consensysconsensys.io
• The Web3 Movement’s Quest to Build a ‘Can’t Be Evil’ Internet | WIREDwired.com
• Court Rules in Favor of SEC in LBRY Enforcement Action | Insights | Skadden, Arps, Slate, Meagher & Flom LLPskadden.com
• Digital Asset Transactions: When Howey Met Gary (Plastic)sec.gov