Due to the regulatory environment, Uniswap Labs, the company behind the popular decentralized exchange Uniswap, has decided to restrict access to over 100 tokens through the site’s interface.
The list published by the company includes tokenized securities, “mirror” shares, options and derivatives. The site will no longer be able to trade Tether Gold, tokenized versions of Zelda and Mini Mario Cash games, UMA tokens and “mirror” versions of Amazon and Tesla shares.
“We continue to monitor the evolving regulatory landscape. Today we decided to restrict access to certain tokens via app.uniswap.org. These tokens have always represented only a small part of the total trading volume on the Uniswap exchange “, – noted in
message companies.
At the same time, the article emphasizes that we are talking about access to tokens only through the exchange interface. Trading in them will remain available through the Uniswap Protocol set of smart contracts.
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC) recently stressed that stock tokens, like any digital products linked to securities, need to be regulated.
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