BULLISH 72 BeInCrypto 1H ago · 2 min read

SEC staff ease regulatory path for governance tokens like Uniswap

AI summary

SEC staff have indicated that open governance token votes do not constitute central control, easing the regulatory path for tokens like Uniswap's UNI. The guidance distinguishes projects with genuinely decentralized voting from those that still fail the test. Traders would read this as a regulatory tailwind for governance tokens, reducing the risk that tokenholder voting is treated as a securities-law liability.

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1 linked story · 2 outlets · since 2 Nov

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SEC staff ease regulatory path for governance tokens like Uniswap

BeInCrypto · Score 72
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SEC staff guidance separates independent token voting from central control

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