Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain protocols like traditional brokers and exchanges
The Block·
60-second summary
The Hyperliquid Policy Center urges the CFTC to stop treating onchain protocols like traditional brokers and exchanges, citing a need for regulatory clarity. The CFTC and SEC issued a Request for Information in mid-June on financial innovation, sparking debate on how to regulate digital assets. Market participants await regulatory guidance, impacting the growth of decentralized finance.
The CFTC and Securities and Exchange Commission issued a Request for Information in mid-June on financial innovation.