Uniswap hinted that if Financial Innovation and Technology for the 21st Century Act ( FIT21) becomes law, SEC enforcement notice could become irrelevant as Commodity Futures Trading Commission (CFTC) would regulate crypto

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2024

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tomorrow, we expect the House to pass a bill that would give the CFTC robust authority to cover digital asset trading.

The company’s response was timely, as the U.S. House of Representatives prepared to vote on a bill — the Financial Innovation and Technology for the 21st Century Act — that could change how the SEC and Commodity Futures Trading Commission (CFTC) regulate crypto. Uniswap hinted that should the legislation become law, the SEC’s case could be a moot point, with the CFTC given authority to bring specific enforcement actions.

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tomorrow, we expect the House to pass a bill that would give the CFTC robust authority to cover digital asset trading.

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DeFi exchange Uniswap responded to SEC enforcement (a.k.a Wells notice) notice for Operating as Unregistered Securities Broker and Unregistered Securities Exchange

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The company’s response was timely, as the U.S. House of Representatives prepared to vote on a bill — the Financial Innovation and Technology for the 21st Century Act — that could change how the SEC and Commodity Futures Trading Commission (CFTC) regulate crypto. Uniswap hinted that should the legislation become law, the SEC’s case could be a moot point, with the CFTC given authority to bring specific enforcement actions.

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