Hyperliquid Requests CFTC to Formally Recognize On-Chain Protocols as Non-Registerable, Non-Custodial Wallets Not Performing Financial Intermediation
BlockBeats News, July 9th, the Hyperliquid Policy Center has submitted a response to the Commodity Futures Trading Commission (CFTC) regarding its proposed future regulatory direction, requesting formal recognition that on-chain protocols do not need to register, non-custodial wallets do not serve as financial intermediaries, and a clear path is established for conducting regulatory functions on-chain.
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