Hyperliquid and Phantom Urge CFTC to Reform DeFi Rules
Hyperliquid's policy arm and Phantom jointly filed a comment with the CFTC, responding to the agency's request for input on DeFi regulation. The filing urges the CFTC to stop treating decentralized finance platforms like traditional brokers and to modernize rules to foster innovation. This marks a coordinated industry push for clearer, more adaptive regulatory frameworks for crypto and fintech firms.
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@CFTCSources
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Hyperliquid and Phantom ask the CFTC to stop treating DeFi like a broker Hyperliquid's policy arm (@HyperliquidPC) and wallet maker @phantom filed a joint comment to the @CFTC, answering its request for information before today's deadline. Their pitch is that onchain software https://t.co/695S2SksIM
@VikingoDigital_
Hyperliquid keeps pushing perps regulation forward. Today, the Hyperliquid Policy Center joined @phantom in urging the @CFTC to modernize its rules and unlock innovation for fintech firms and existing registrants. The future is onchain. The future is on Hyperliquid. https://t.co/boxkaVhQu8