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Home » Typography Elements » Bankless Co-founder Reviews Wells Notice on Uniswap: The “War” on DeFi Has Commenced
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Bankless Co-founder Reviews Wells Notice on Uniswap: The “War” on DeFi Has Commenced

By adminJul. 4, 2023No Comments2 Mins Read
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Bankless Co-founder Reviews Wells Notice on Uniswap: The "War" on DeFi Has Commenced
Bankless Co-founder Reviews Wells Notice on Uniswap: The "War" on DeFi Has Commenced
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As a professional translator, I have translated the news article into English using a descriptive tone, ensuring accuracy and coherence while retaining proper nouns and all

. Here is the translation:

Uniswap Labs has received a Wells notice from the U.S. Securities and Exchange Commission (SEC), suggesting that it may face legal action. This event is widely regarded in the cryptocurrency industry as a significant regulatory challenge to the decentralized finance (DeFi) sector.

Ryan Adams, the co-founder of Bankless, stated on the X platform, “This is a major event.” He pointed out that the SEC and the White House have taken stringent measures against Uniswap, marking a milestone escalation. He believes that Uniswap is the benchmark for decentralized cryptocurrency and its founder, Hayden Adams, should be praised as a remarkable entrepreneur of our generation, instead of being taken to court. Ryan emphasized that waging war on cryptocurrencies is equivalent to waging war on the internet.

Andy, the co-founder of The Rollup, stated on the X platform, “The war on DeFi has begun, and we must strengthen privacy protection on the blockchain and continue to develop systems resistant to censorship.”


Tags:
DeFi
Uniswap
Cryptocurrency

Source link:
https://www.theblock.co/post/287675/crypto-industry-reacts-to-sec-serving-unis…

Note: All articles on Bitpush.news represent the author’s viewpoint and do not constitute investment advice.

Original article link:
https://www.bitpush.news/articles/6594720

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