Uniswap Labs Imposes Restrictions on More than 100 Tokens

Bitcoin News

The software development studio leading contributions to the Uniswap Protocol, Uniswap Labs has recently announced that they are restricting access to more than 100 tokens.

Uniswap Labs said, “Today, consistent with actions taken by other Defi interfaces, we have decided to restrict access to certain tokens through app.uniswap.org.”

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have correspondingly driven administrative attacks into the token market, focusing on specific tokens for conceivable extortion and wrongdoings.

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The SEC’s current chairman Gary Gensler, said, “It does not matter whether it’s a stock token, a stable value token backed by securities, or any other virtual product that provides a synthetic exposure to underlying securities.”

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