Hyperliquid Policy Center argues onchain perps offer efficiency, transparency as ICE and CME reportedly press for CFTC oversight
The Block·
60-second summary
Hyperliquid Policy Center advocates for onchain perps, citing efficiency and transparency benefits, but ICE and CME are reportedly pushing for CFTC oversight, prompting concerns about market stability. This development may impact the growth of decentralized finance, as increased regulatory scrutiny could hinder innovation and limit access to these emerging financial instruments and platforms.
Bloomberg reported that ICE and CME are pressing for Hyperliquid to register with the CFTC, raising concerns about market stability.