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Hyperliquid Policy Center pushes back against CME and ICE regulatory concerns

Crypto Briefing
The Hyperliquid Policy Center defends its onchain derivatives platform against regulatory concerns raised by traditional exchanges like CME and ICE.

Summary

The Hyperliquid Policy Center has challenged claims made by CME Group and Intercontinental Exchange (ICE) regarding the integrity of Hyperliquid's perpetual derivatives markets. Traditional exchanges have reportedly urged US regulators to mandate that Hyperliquid register with the Commodity Futures Trading Commission, citing potential risks like market manipulation. In response, Hyperliquid argues that its onchain model provides superior transparency and continuous 24/7 price discovery compared to legacy markets. Founder Jeff Yan is actively engaging with Washington policymakers to discuss the benefits of decentralized finance and define a regulatory path for onchain derivatives within the US, amid growing institutional interest including the launch of Hyperliquid-based ETFs.

(Source:Crypto Briefing)