Turning point for DeFi regulation? Uniswap faces potential SEC lawsuit 😳; SVB 2.0? California banks face huge risks just one year after the biggest bank collapse in America since 2008 🫣
FinTech is Eating the World, 11 April
Hey Everyone,
And happy Thursday! Today we’re going to look at Uniswap which is facing a potential SEC lawsuit (what it’s all about & why it could be a turning point for DeFi), and California banks that are in front of huge risks just one year after the biggest bank collapse in America since 2008 (is it Silicon Valley Bank 2.0? + a bonus read breaking down SVB’s collapse). So let’s jump straight into the intriguing stuff 🌶
A turning point for DeFi regulation? Uniswap faces potential SEC lawsuit 😳
The news 🗞️ Uniswap, the largest decentralized cryptocurrency exchange (DEX), recently received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator's intention to sue the company. Ups.
This development marks a significant moment for the decentralized finance (DeFi) space, as it could set a precedent for how DeFi platforms are regulated in the future.
Let’s take a look at this.