The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset […]
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BVNK Raises $50 Million for its Stablecoin Infrastructure Platform
U.K.-based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. The round...