Amanda Tuminelli dives deep into the SEC's confrontation with Uniswap, examining the implications for the entire DeFi sector.
D I is not within the scope of the SEC. And that's why I think in this case with UNIS swap, if they file this action, they will lose Unis swap labs, put out a decentralized software protocol that simply does the same thing, right? Technical infrastructure. It provides the apparatus for users to direct their own transactions. Heads up everyone.
So I think what we would like to happen is for Congress to legislate in this area and release something that looks like a market structure bill, right? Not necessarily the market structure bill, but a way that we have clarity over whether digital assets are securities commodities or something else. But we don't expect that to happen anytime soon. We don't think Congress is going to act this year and maybe not even until like late next year.
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