Uniswap Labs has announced that the US Securities and Exchange Commission (SEC) has ended its investigation into the company.
A post on X dated February 25 states the SEC has ended its investigation and does not intend to take any enforcement action against Uniswap.
This news came after Uniswap disclosed it had received a Wells notice from the SEC in April 2024, during Gary Gensler's tenure as chairman.
Uniswap hailed the finding as a significant victory for decentralized finance.
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Before Donald Trump took office, Reuters reported the SEC could contemplate halting all crypto-related enforcement actions that did not involve fraud.