Uniswap updated its Terms of Service on June 19, 2026 to add explicit prohibitions against circumventing access restrictions on tokens, including geographic restrictions and transfer limitations imposed by token issuers. The updated terms also add disclosure requirements for users trading tokenized real-world assets (stocks, ETFs, commodities), requiring users to represent that they have reviewed issuer information and comply with any trading or holding restrictions applicable in their jurisdiction. These changes establish user attestations regarding eligibility and compliance with asset-specific restrictions not previously articulated in the terms.
Consumers: Before trading stocks, ETFs, or commodities tokenized on the platform, you must confirm you've read the issuer's terms and follow their rules
Consumers: You must confirm that trading these tokens is legal where you live
Consumers: You cannot work around geographic restrictions or transfer limits that token issuers have put in place
The updated terms establish new restrictions on user conduct and add affirmative representations regarding asset eligibility. Users trading tokenized real-world assets (such as tokenized stocks, ETFs, or commodities) must now represent that they have reviewed issuer information and comply with any restrictions on trading or holding those assets. The terms also explicitly prohibit circumventing access restrictions, including geographic blocks and transfer limitations imposed by token issuers. By continuing to use the platform, users affirm they are legally eligible to trade tokens under their jurisdiction's laws.
→ Review the updated terms, particularly sections addressing tokenized real-world assets and access restrictions
→ Confirm you have reviewed any issuer-provided information regarding tokenized assets you trade
ConductAtlas has recorded 2 material changes to this document (since May 2026). An additional minor or cosmetic changes were excluded.
Explicitly prohibits circumventing access restrictions, including geographic blocks and transfer limitations imposed by token issuers
Requires users to represent they have reviewed issuer information and comply with restrictions on trading or holding tokenized stocks, ETFs, and commodities
Requires users to represent they are legally eligible to trade specified tokens under their jurisdiction's laws
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Uniswap has added explicit user attestation requirements and conduct prohibitions regarding tokenized real-world assets and token access restrictions. The changes require users to represent compliance with issuer-imposed restrictions and local legal eligibility before trading certain …
Regulatory exposure, obligation change, escalation trigger, board-ready language, and recommended action for legal and compliance teams.
Unlock the full institutional analysis — InsightConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-C-003106.
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