With crypto, regulators globally are yet again faced by the challenge of regulating a global, fast-paced industry — this Regulator’s Dilemma is a consequence of high-growth technology companies being built in an environment of slow-to-change legacy frameworks. We have previously witnessed the clash of these two extremes, e.g. when ride sharing and data gathering were introduced as novel business models.
Launched on the Ethereum mainnet in November 2018, Uniswap is a relative newcomer to the growing suite of decentralised exchange protocols. Despite its newness, Uniswap is already facilitating trading volumes exceeding established decentralised exchange projects like Bancor, which launched in 2017.