The U.S. Commodity Futures Trading Commission (CFTC) has initiated enforcement actions against Uniswap, a major player in decentralized finance (DeFi). This action could significantly impact the DeFi landscape as regulatory pressures intensify. 4th September 2024 marked the start of this investigation focusing on Uniswap’s leveraged token operations by Universal Navigation Inc., the operator behind Uniswap. This enforcement action has raised concerns about compliance within the DeFi space, with potential implications for market dynamics and investor behavior. 🧐 Market participants are closely watching how this case unfolds as it could trigger a shift in capital flows from U.S. based DeFi protocols and affect market liquidity on Ethereum and related assets.