Uniswap Restricts Fake-Stock Tokens as Regulatory Scrutiny Grows

The regulatory pushback against recent innovation in the decentralized finance space is starting to leave a mark.

Uniswap Labs said late Friday that it was restricting access to dozens of tokens on its trading interface app, including synthetic assets meant to mirror the prices of stock-market giants like Facebook Inc. and Tesla Inc., as well exchange-traded funds such as Invesco’s so-called QQQ that tracks the Nasdaq 100 Index.

Uniswap said it monitors “the evolving regulatory landscape” and the restrictions were “consistent with actions taken by other DeFi interfaces.” However, the firm pointed out that the decision does not affect the ...