🚨CFTC issues an order against Uniswap for offering illegal digital asset derivatives trading, specifically related to Bitcoin and Ethereum leveraged tokens. 💰 A $175k fine has been imposed, and the case is now closed.

💡 Why it matters:

This settlement signals a shift from harsh enforcement to a more cooperative and lenient approach. The CFTC acknowledges Uniswap’s substantial cooperation, which led to a lighter fine. ⚖️

Key detail: The tokens didn’t meet the 28-day delivery rule, so they should've been offered on a designated board of trade, which Uniswap Labs wasn't.

This could indicate a more collaborative future between crypto platforms and regulators! 🚀

Stay informed and always #DYOR 🔍

Source: "CFTC.gov press release"

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