Uniswap Labs Fined $175,000 By CFTC For ‘Illegally’ Offering Leveraged Trading
On Wednesday, Uniswap Labs, the company behind the decentralized cryptocurrency exchange Uniswap, was fined $175,000 by the Commodity Futures Trading Commission (CFTC) for allegedly offering leveraged retail trading in digital assets without proper authorization. Uniswap Labs Faces Mounting Regulatory Scrutiny According to Bloomberg, the CFTC settlement requires Uniswap Labs to cease operations that allegedly violate…