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The US SEC closed its investigation into Uniswap Labs without taking enforcement action after over three years. Uniswap claimed victory for DeFi, arguing decentralized technology operates within the legal framework. UNI token price increased by 5%. Uniswap maintained it does not operate as a broker or exchange and UNI is not a security. Founder Hayden Adams criticized the SEC’s approach and called for clear rules tailored to DeFi.
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