Uniswap Founder Warns CFTC That US Crypto Builders Are Moving Overseas
At the CFTC’s inaugural Innovation Advisory Committee meeting on August 20, Uniswap founder Hayden Adams said unclear US crypto regulation is pushing builders and developers overseas. The remark was not enforcement-related or binding, but it highlights a long-running industry complaint: without clear rules, teams face legal risk when launching, hiring, and raising capital in the US. The CFTC setting matters because crypto policy is increasingly focused on jurisdictional boundaries between the SEC and CFTC, especially for DeFi and token rules. Uniswap is a strong example of the problem: it is software and market infrastructure that does not fit traditional exchange categories, raising questions about compliance, developer liability, and supervision. The broader warning is that if the US keeps rules vague, innovation, capital, and talent may move first to other jurisdictions, leaving US regulators to catch up later.
