SEC Shifts Tactics – Decentralized Exchanges Under Scrutiny

The cryptocurrency industry is going through a period of heavy regulation. The creator of the FTX exchange, Sam Benkman-Fried, is already serving a prison sentence. Tron and Ripple have also found themselves in the crosshairs of regulators, along with dozens of other crypto companies.

Centralized exchanges have already experienced regulatory pressure, but this has not been enough. Decentralized exchanges (DEX) are of particular interest to regulators. Now the Securities and Exchange Commission (SEC) has its sights set on Uniswap, whose trading volumes are comparable to the giant Binance. However, trying to curb decentralized exchanges may turn out to be a waste of effort, because their philosophy is built on different principles.

In this article, we will look at what makes decentralized exchanges so special and why they have become the focus of regulatory attention. 

#DEX #SEC #Ripple #Tron #Binance

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