Sept 3 Reuters - The U.S. Securities and Exchange Commission is investigating Uniswap Labs, the main developer behind one of the largest cryptocurrency exchanges, Wall Street Journal reported on Friday: www.wsj.org Enforcement attorneys are looking to investigate further on how investors use Uniswap and the manner in which it is marketed, the report said.
Derived by the SEC into the Uniswap comes amid heightened regulatory interest in cryptocurrencies and the digital asset market, with Chair Gary Gensler calling on Congress to do this https: www.reuters.org com technology us-sec - chair-gensler - calls-congress'Call-Congress - help-rein - crypto-wild : West 2021 - 08 - 03 to give the agency more authority to better police crypto trading and lending.
Uniswap is a decentralized marketplace for decentralized finance or DeFi Developers, traders and liquidity providers.
Reporting by Vinay Dwivedi in Bengaluru; Editing by Sohini Podder in Bangalore