美國證券交易委員會（SEC）已對UNISWAP實驗室進行了為期一年的調查

美國證券交易委員會（SEC）已放棄了對Uniswap Labs的長期調查，結束了一個監管案件，引起了人們的關注

The U.S. Securities and Exchange Commission (SEC) has dropped its year-long investigation into major decentralized exchange Uniswap, marking the end of a regulatory case that had raised significant concerns across the decentralized finance (DeFi) industry.

美國證券交易委員會（SEC）已放棄了對主要分散交易所UNISWAP的長期調查，這標誌著監管案件的終結，該案件在整個分散的財務（DEFI）行業中引起了重大關注。

The SEC was investigating whether Uniswap functioned as an unregistered broker, exchange, and clearing agency while offering unregistered securities. However, after months of scrutiny, the case has been closed without further action.

SEC正在調查UNISWAP在提供未註冊證券的同時，是否充當未註冊的經紀人，交換和清算代理商。但是，經過幾個月的審查，該案已關閉，沒有進一步的行動。

This development follows a trend where the SEC is dropping multiple crypto-related enforcement cases, signaling a shift in strategy under the new administration of President Donald Trump.

這一發展是在SEC撤銷多個與加密相關的執法案件的趨勢之後，這表明在唐納德·特朗普總統的新政府下，戰略發生了變化。

The SEC's decision to close the investigation into Uniswap Labs and its flagship exchange comes after a year of speculation and anticipation within the crypto industry.

SEC決定關閉對UNISWAP實驗室的調查及其旗艦交易所進行的調查是在加密行業的一年猜測和期待之後。

The probe, which began in February 2024, arose from the SEC's interest in Uniswap's activities within the DeFi space. The regulator's focus was particularly directed towards the exchange's token, UNI, and whether it was sold illegally during a 2023 token offering.

該調查始於2024年2月，源於美國證券交易委員會（SEC）對UNISWAP在Defi空間內的活動的興趣。監管機構的重點特別針對交易所的令牌，Uni，以及在2023年的代幣產品中是否非法出售。

The SEC's investigation also aimed to determine if Uniswap acted as an unregistered broker, exchange, and clearing agency when facilitating the trading of cryptocurrencies on its platform.

SEC的調查還旨在確定UNISWAP在促進其平台上的加密貨幣交易時是否充當未註冊的經紀人，交換和清算機構。

This case was closely watched by crypto enthusiasts and professionals alike, as it was expected to influence the regulatory treatment of DEXs in the years to come.

加密愛好者和專業人士都密切關注此案，因為預計在未來幾年中會影響DEX的監管治療。

Now that the SEC has dropped its probe, discussions on new DeFi regulations are expected to gain momentum.

既然SEC已經放棄了調查，那麼對新的Defi法規的討論有望獲得動力。

Uniswap CEO Hayden Adams reacted to the news by saying that traditional finance (TradFi) regulations do not apply to DeFi and that new frameworks are needed.

UNISWAP首席執行官海登·亞當斯（Hayden Adams）對新聞做出了反應，稱傳統的金融（TradFI）法規不適用於DEFI，並且需要新的框架。

“This is a huge win, not just for Uniswap Labs but for DeFi as a whole. I’m grateful that the new SEC leadership is taking a more constructive approach, and I look forward to working with Congress and regulators to help create rules that actually make sense for DeFi,” Adams said.

“這是一個巨大的勝利，不僅是對uniswap實驗室的勝利，而且對於整個Defi來說。我很感激新的SEC領導者正在採取更具建設性的方法，我期待與國會和監管機構合作，以幫助創建實際上有意義的規則。”亞當斯說。

Following the SEC’s announcement, the UNI token saw a brief price increase and its daily trading volume went up by over 140%, according to CoinMarketCap data.

根據CoinMarketCap的數據，SEC宣布的公告後，Uni代幣的價格略有上漲，其日常交易量增長了140％以上。

However, UNI’s price is still down 30% this month, despite major network upgrades. The launch of Uniswap v4 and the Unichain mainnet earlier this month did not provide lasting support to its value. As of February 26, UNI is trading at $8.287, according to TradingView data.

但是，儘管網絡升級進行了重大的升級，但本月Uni的價格仍在下跌30％。本月初的UNISWAP V4和Unichain Mainnet的推出並沒有為其價值提供持久的支持。根據TradingView數據，截至2月26日，UNI的交易價格為8.287美元。

The end of the SEC probe removes a key regulatory concern, but market conditions continue to affect Uniswap’s token price.

SEC調查的結束消除了關鍵的監管問題，但市場條件繼續影響Uniswap的代幣價格。

The SEC's decision to close the case against Uniswap also marks the latest instance of the regulator dropping enforcement actions against crypto firms.

美國證券交易委員會（SEC）決定對UNISWAP進行案件的決定也標誌著監管機構對加密公司的執法行動的最新情況。

Recently, the Commission closed cases against Coinbase, Opensea, and Robinhood. The cases were initiated during the administration of former SEC Chair Gary Gensler, who took a firm stance against crypto companies.

最近，該委員會關閉了針對Coinbase，Opensea和Robinhood的案件。這些案件是在前美國證券交易委員會主席加里·蓋斯勒（Gary Gensler）管理期間開始的，後者對加密貨幣公司採取了堅定的立場。

However, under the new administration, the SEC appears to be stepping back from aggressive enforcement actions. The closure of the Unisoplan case aligns with this broader shift in regulatory strategy.

但是，在新政府的領導下，SEC似乎正在退出積極的執法行動。 Unisoplan案件的關閉與監管策略的這種更廣泛的轉變保持一致。

This development also sparks further discussion on the need for clearer regulations tailored to the unique characteristics of decentralized exchanges and the DeFi ecosystem as a whole.

這一發展還引發了關於對分散交流和整個Fefi生態系統的獨特特徵量身定制的更清晰法規的進一步討論。