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Uniswap fights back against SEC as the ethereum crackdown continues - TL;DR CNBC

Uniswap fights back against SEC as the ethereum crackdown continues

Publishing timestamp: 2024-05-21 13:52:13


Summary

The SEC has been focusing on Ethereum and decentralized finance players, issuing Wells notices and lawsuits. Uniswap Labs has detailed reasons why the SEC shouldn't take legal action against them. The industry argues that the SEC's classification of securities may be outdated, and there is uncertainty surrounding the classification of Ethereum. Regulatory clarity is still lacking in the crypto industry, leading to potential challenges for businesses.


Sentiment: MIXED

Tickers: ETC.BF=HOOD

Keywords: technologybreaking news: technologygary genslerbitcoinproducts and servicesfintechbusiness newsenergyrobinhood markets inccryptocurrencyethereum classic/usd bitfinex

Source: https://www.cnbc.com/2024/05/21/uniswap-fights-back-against-sec-as-the-ethereum-crackdown-continues.html


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