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DeFi Must be Regulated in a DeFi Way
Manage episode 417874159 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/defi-must-be-regulated-in-a-defi-way.
The impending Uniswap lawsuit comes at a time when the crypto industry has loudly complained the SEC has been operating in bad faith when it comes to the sector
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #defi, #defi-regulation, #sec-vs-crypto, #what-is-mica, #defi-alternatives, #future-of-defi, #digital-asset-regulation, #sec-lawsuits, and more.
This story was written by: @karenshidlo. Learn more about this writer by checking @karenshidlo's about page, and for more stories, please visit hackernoon.com.
This is not the first time that Uniswap Labs has faced legal issues - in a class-action suit filed against Uniswap Labs last year, they argued that the technology it had built was neutral—and that whether individuals used it for bad or for good was beyond its control. In a sophisticated ruling that described the nuances of DeFi in detail, a federal judge sided cleanly with Uniswap Labs, handing the DeFi sector a major victory.
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