Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review
60-second summary
Hyperliquid’s policy team urges the EU to bring perpetual futures under MiFID II, arguing that current exemptions create regulatory gaps, while Circle presses the European Commission to clarify MiCA’s required 100 percent bank‑deposit reserve floor for stablecoins, warning that ambiguous rules could hinder dollar‑backed tokens; both moves signal heightened lobbying as Europe tightens crypto oversight, potentially reshaping market liquidity and…
Hyperliquid's policy group wants perps under MiFID II, while Circle targets MiCA's bank deposit floor in filings to the European Commission's MiCA review.