SEC Closes Investigation of Uniswap Labs, No Enforcement Action Taken

Uniswap Labs has emerged victorious from its lengthy SEC investigation, with the agency concluding their inquiry without any enforcement action. This closure marks a significant development for both Uniswap and the broader cryptocurrency sector as it aligns with a shift in the SEC’s regulatory approach under new Chairman Mark Uyeda. 3 years of investigation focused on allegations of unregistered broker-dealer activities and Uniswap’s native token, UNI, were ultimately deemed to not constitute securities by the SEC.