Uniswap Labs to pay $175K in CFTC settlement

The Commodities Futures Trading Commission announced a settlement with Uniswap Labs on Wednesday. 

Per a press release, the CFTC found that the firm “illegally offered leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol.”

Uniswap will pay $175,000 to settle the allegations. 

Users, according to the CFTC, could use liquidity pools when trading on the protocol. 

Read more: CFTC’s Behnam warns crypto industry that more enforcement actions are coming 

“Among the digital assets traded on the protocol and through the interface were a limited number of leveraged tokens, which provided users leveraged exposure to…

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