Search results for Hyperliquid Policy Center
Crypto
Phantom, Hyperliquid urge CFTC to modernise onchain derivatives rules
Phantom and the Hyperliquid Policy Center asked the U.S. Commodity Futures Trading Commission to exclude blockchain protocol developers and non-custodial wallet providers from rules aimed at traditional financial intermediaries. In a letter submitted as part of the CFTC’s fintech rulemaking feedback process, they called for limits on registration requirements, guidance for regulated derivatives firms to use onchain infrastructure, and a formal exception so wallet providers are not treated as introducing brokers.
Crypto
U.S. banks call for stablecoin rules to cover secondary market trading
U.S. banking groups have urged regulators to clearly extend anti-money laundering rules for stablecoins beyond issuance to secondary market trading. The crypto industry has pushed back, warning that imposing responsibility for transactions issuers cannot control could shrink the DeFi ecosystem. The debate centres on who should monitor transfers after issuance, including movements between exchanges, DeFi protocols and private wallets, and how far regulatory responsibility should reach.
Crypto
Bitwise CIO says Hyperliquid undervalued; U.S. CFTC regulation a wild card
Hyperliquid’s native token HYPE is being cited as a likely strong performer among major cryptocurrencies in 2026. Bitwise CIO Matt Hougan says the token remains undervalued despite rising about 90 percent year to date. He points to growth in non-crypto trading volume, an estimated $800 million to $1 billion in annual revenue and a buyback-linked fee model. Regulatory pressure, including possible CFTC registration, is seen as a key variable.