The crypto segment is in full swing. Coinbase has acquired Liquifi, the fast-growing token-management platform behind Uniswap and Optimism, in its fourth M&A strike of 2025. The move pushes Coinbase deeper into “back-office” token infrastructure—exactly where future SEC scrutiny will bite—while cementing its end-to-end launch stack for institutional clients.
European regulators are tightening the net around DeFi liquidity pools. Under MiCAR, the moment an automated-market-maker (AMM) enables EU users to swap tokens, the pool’s deployer or front-end operator is deemed a crypto-asset service provider (CASP) and must hold an EU licence—regardless of whether the underlying token is a regulated utility token, a stable-value ART/EMT, or presently “unregulated.”
Liquidity Providers (LPs) are the silent engines that power DeFi markets, enabling decentralized exchanges, lending, and yield farming to function without intermediaries. But while LPs can earn trading fees and token rewards, they also expose themselves to risks like impermanent loss and smart contract exploits. In this third part of our FinTelegram DeFi Series, we explain who liquidity providers are, how liquidity pools work, and what dangers hide beneath the surface.
The DeFi ecosystem is not a monolith—it’s a fast-moving network of protocols, developers, investors, and platforms. In this second installment of our FinTelegram DeFi Series, we break down the key actors shaping decentralized finance, from the code-writing builders and liquidity providers to governance DAOs, oracles, and blockchain infrastructures. Understanding the roles of these players is crucial for identifying risks and opportunities in the space.
The U.S. Securities and Exchange Commission (SEC) and Tron founder Justin Sun have jointly requested a stay in their civil fraud lawsuit, signaling a potential settlement in the case. This development is part of a broader trend of the SEC dropping or pausing cryptocurrency-related lawsuits under the new Trump administration.
In a major regulatory shift, the U.S. SEC has dropped its investigation into Uniswap Labs and will not pursue enforcement actions. This marks another win for the crypto industry, following similar decisions regarding Robinhood Crypto and OpenSea. Uniswap calls it a “huge win for DeFi.” Under the new crypto-friendly Trump administration, the SEC stopped enforcement actions against several key players, including Coinbase.
Uniswap, a cornerstone of decentralized finance (DeFi), has been served a Wells notice by the U.S. Securities and Exchange Commission (SEC), signaling impending enforcement actions. This marks a significant moment in the ongoing regulatory scrutiny faced by the DeFi industry. Uniswap CEO Hayden Adams has voiced his determination to contest the SEC's position, saying "I think freedom is worth fighting for. I think DeFi is worth fighting for."