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Uniswap Labs charged by CFTC for offering digital asset derivatives trading

Image of a bitcoin coin in front of a graph showing trading activity.
Photo: Chesnot/Getty Images

Two commissioners dissented with the decision, saying the regulator cut corners to create a pretext for enforcement.

Offering leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol has led to charges against Uniswap Labs. The company is required to pay a $175,000 civil monetary penalty.

The Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against Universal Navigation Inc.