SEC Commissioner Peirce backs unimpeded trading on Uniswap
- —Peirce: decentralized protocols do not need exemptions from rules
- —Uniswap is preparing a comment to the SEC with compliance proposals
- —Peirce's comments could accelerate the admission of AMMs into regulated U.S. markets
Why it matters: The SEC's signal of a softer approach to DeFi could open the way for Uniswap to operate legally in the U.S. and set a standard for other DEXs.
Source: Coinfomania