News Explorer — Uniswap Argues Against SEC Wells Notice, Asserting Tokens Are Not Securities

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May 21, 7:44 pm

Blockworks

Uniswap Argues Against SEC Wells Notice, Asserting Tokens Are Not Securities

Uniswap has responded to the SEC's Wells notice, arguing that litigation is not the way forward. In a 43-page submission, Uniswap emphasized that it is not an exchange and that the SEC lacks the authority to regulate bitcoin, ether, or stablecoins. Uniswap also highlighted that the tokens traded on its platform are not securities but alternative assets.

Uniswap has responded to the SEC's Wells notice, arguing that litigation is not the way forward. In a 43-page submission, Uniswap emphasized that it is not an exchange and that the SEC lacks the authority to regulate bitcoin, ether, or stablecoins. Uniswap also highlighted that the tokens traded on its platform are not securities but alternative assets.

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