CFTC’s $175,000 fine on Uniswap Labs sparks dissent over stifling DeFi innovation

Assad Jafri

Commissioner Summer K. Mersinger voiced strong opposition to the Commodity Futures Trading Commission’s (CFTC) decision to impose a $175,000 fine on Uniswap Labs for its illegal digital asset derivatives trading. In her dissent, Mersinger criticized the agency’s reliance on “regulation through enforcement,” arguing that the approach risks stifling innovation in DeFi and driving developers out […]

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CFTC’s $175,000 fine on Uniswap Labs sparks dissent over stifling DeFi innovation