Hyperliquid Founder Pushes US Regulators to Exempt Blockchain Layer From Oversight
Photo: TheCoinrise
The executive argues trading platforms, not the underlying blockchain, should face regulatory scrutiny. The founder of Hyperliquid is lobbying US regulators for a specific carve-out. He wants the blockchain infrastructure behind his platform exempted from direct oversight. At the same time, he has said trading platforms built on top of that infrastructure should remain subject to regulatory scrutiny. Hyperliquid operates as a decentralized exchange for perpetual futures contracts. It runs on its own purpose-built blockchain rather than relying on an existing network like Ethereum.
Source: TheCoinrise
