TechThe Blockabout 3 hours ago
Hyperliquid, Phantom urge CFTC to change broker rules
1 min read
Hyperliquid Policy Center and Phantom jointly urged the CFTC to stop treating onchain protocols like traditional brokers and exchanges. The request argues that decentralized systems do not fit existing regulatory frameworks designed for intermediaries. The firms seek clearer rules that distinguish blockchain-based platforms from conventional financial entities.
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