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Hyperliquid discusses onchain derivatives regulation with US policymakers

Crypto Briefing
Hyperliquid co-founder Jeff Yan met with US officials to advocate for integrating onchain derivatives into the country's regulatory framework.

Summary

Hyperliquid co-founder Jeff Yan recently met with US policymakers to discuss the integration of onchain derivatives markets into the national regulatory framework. The discussions focused on the CLARITY Act and the technical operations of decentralized finance.

To support these efforts, Hyperliquid launched the Hyperliquid Policy Center in Washington, led by industry veteran Jake Chervinsky. The center aims to bridge the gap between DeFi and traditional regulation while countering criticism from incumbent exchanges like CME and ICE. Hyperliquid argues that blockchain-based systems offer superior transparency, as every trade and liquidation is publicly verifiable.

(Source:Crypto Briefing)