BREAKING
523d 10h ago

Uniswap Labs to Pay $175,000 Fine and Cease Violating CEA Regulations

UNI

UNI/USDT

$3.529
+0.92%
24h Volume

$95,366,119.87

24h H/L

$3.608 / $3.468

Change: $0.1400 (4.04%)

Long/Short
64.4%
Long: 64.4%Short: 35.6%
Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data
Uniswap
Uniswap
Daily

$3.539

0.03%

Volume (24h): -

Resistance Levels
Resistance 3$4.8738
Resistance 2$3.9623
Resistance 1$3.574
Price$3.539
Support 1$3.4685
Support 2$3.186
Support 3$2.845
Pivot (PP):$3.52
Trend:Downtrend
RSI (14):30.1

**Uniswap Labs Agrees to Pay $175,000 Fine to Cease CEA Violations**

Uniswap Labs has agreed to pay a fine of $175,000 in order to halt violations of the CEA (Commodity Exchange Act). This decision marks a significant step for the decentralized finance (DeFi) protocol, as it seeks to align its operations with regulatory standards.

Currently, the price of Uniswap’s native token, $UNI, is trading at $6.5060. The payment of this penalty could provide a temporary relief in the markets, potentially restoring some confidence among investors. However, analysts suggest that the long-term impact of this development remains uncertain.

As the DeFi space continues to navigate regulatory challenges, Uniswap’s latest move could set a precedent for other platforms. Market observers will be keenly watching how this situation evolves and its implications for the broader cryptocurrency landscape.

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