Original sourceBeInCryptoAdditional: The Crypto Times
Summary
The Hyperliquid team (including its policy center, development company, and Sullivan & Cromwell law firm) formally met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force for in-depth discussions on regulatory approaches for decentralized perpetual contract markets. During th…
Key points
- Operators of decentralized exchanges and legal counsel can reference this case when preparing for future communications with regulators.
- This is a rare instance of a decentralized derivatives platform directly engaging with U.S. securities regulators, potentially influencing future policy direction.
- If the SEC adopts Hyperliquid’s views, developers of decentralized perpetual contract platforms may gain greater compliance leeway.
Editorial note
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