Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
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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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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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