On February 25, 2025, post-Uniswap Labs noted that the United States Securities and Exchange Commission has officially closed the investigation launched under Gary Gensler’s chairship in 2021. The commission issued a Wells notice for operating as an unregistered broker for unregistered securities.
With Gary’s departure, the U.S SEC has taken many bold steps dismissing the lawsuits against companies such as OpenSea and a few others.
The SEC concluded the case without disciplinary action
Uniswap Lab writes in its post, “ This is a huge win for DeFi and reaffirms what we’ve always known – that the technology we build is on the right side of the law, and our work is on the right side of history.”
Before concluding the lawsuit, the SEC did not take any disciplinary action against Uniswap Labs; it is worth noting that the current acting head of the commission, Mark Uyeda, has formed a task force for a clear set of rules for the crypto market.
Following the historic victory of Donald Trump, the nation’s regulatory commission has changed its approach to digital assets, and a sudden drop in the action against the companies has been seen.
However, there are several experts who believe that the approach of the SEC doesn’t seem to be balanced nowadays, and an inclination has been observed after Trump’s 2nd term.
Politics in crypto to ruin its long-term goal
Over the years a major involvement of both politics and crypto in each other has been seen, and the 2024 presidential election of the United States elections became the 1st election in the world that received the highest donation from the crypto market.
And several published reports in the past year note that several known politicians worldwide are holding crypto assets worth millions of dollars, and the majority of the time, it has been reported in political campaigns.
There are claims that the surging involvement of politics is expected to impact the long-term goal of digital assets. At the time of writing, the crypto market capitalization was $2.94 trillion, with a surge of 2.31%.
It is noteworthy that Bitcoin is still trading below $90k and below 20, 50, 100, and 200-day EMA. Story, XDC Network, Celestia, Berachai,n, and Quant have ruled the intraday gainer’s list.
Earlier Todayq reported that Berachain has surpassed Arbitrum and Base regarding TVL ( Total Value Locked), becoming the 6th largest ecosystem.
The news of TVL surges has helped the BERA prices to reach a new milestone with a sudden addition. In just a few weeks of its launch, Berachain gained significant traction with its TVL, crossing the milestone of $3 billion.
