The American financial regulator SEC is investigating one of the biggest decentralized exchanges in the world – Uniswap, and according to recent reports, SEC is focusing on the exchange’s investor and marketing services.
According to a Uniswap spokesperson, the company is “committed to complying with the laws and regulations governing our industry and to providing information to regulators that will assist them with any inquiry.”
Apparently the investigation was initiated by the SEC chair, Gary Gensler. He recently commented that decentralized finance (DeFi) projects are a source of concern for the agency since such exchanges offer rewards and incentives to their users.
So far the investigation is just in its initial stages and SEC did not comment on whether they intend to press any kind of charges or not.
SourceIt is a little concerning, but only time will tell what will come of this investigation.