Uniswap would cut off access to certain tokens on the protocol

Uniswap Labs — a software development studio that contributes to the Uniswap Protocol announced on Friday that the protocol is restricting access to some tokens, including tokenized stocks and derivatives on app.uniswap.org.

Uniswap Labs cited the evolving regulatory landscape in its explanation of cuts, added: “Consistent with actions taken by other DeFi interfaces, we have taken the decision to restrict access to certain tokens through app.uniswap.org.”

“This action has no impact on the Uniswap Interface code, which remains open-source, or the many other portals or locally run instances used to access the Uniswap Protocol,” the blog said.

The list that Uniswap published included more than 100 tokens. These range from tokenized stocks, mirror stocks, options and derivatives. Examples include Unsupported Tokens, Gold Tether, opyn options on ETH at different strikes and expirations, synthetix products, like iDOT, iADA, iETH, iDASH…, stock tokenized, like “Mirrored ProShares”, Mirrored Alibaba”, Mirrored Facebook“, “Mirrored Microsoft”…

Other crypto companies have similarly canceled their stock token products this month, as AZCoin News reported on July 16, Binance will be winding down support for stock tokens on Binance.com to shift its commercial focus to other product offerings, the exchange will no longer support any stock tokens after 2021-10-14 19:55 (UTC).

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