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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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