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Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules
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- First seen9 Jul, 15:21
Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules
The Hyperliquid Policy Center (HPC) and non-custodial wallet provider Phantom have jointly urged the US Commodity Futures Trading Commission (CFTC) to modernize its regulatory approach to decentralized finance (DeFi). In a response to the agency’s Request for Information on evolving financial technology, the organizations argue that onchain infrastructure should not be regulated like traditional financial
BeInCrypto•Lockridge Okoth
Latest9 Jul, 19:53Hyperliquid, Phantom Ask CFTC to Exempt DeFi From Broker Rules
The joint filing asks regulators to turn Phantom's March no-action relief into a formal rule covering all non-custodial wallet providers.
The Defiant•The Defiant Team
