Hyperliquid Seeks Clarity on US Crypto Regulations

Hyperliquid has urged the US Securities and Exchange Commission's Crypto Task Force to create clear rules for decentralised finance and blockchain protocols. The company believes that better regulations could support innovation while protecting users.

In a submission to the SEC, Hyperliquid (CRYPTO:HYPE) argued that many existing securities rules do not fit decentralised platforms because they operate without a central operator. 'Regulation should recognise the differences between decentralised and centralised systems,' the company said in its proposal.

Hyperliquid asked regulators to focus on how protocols work instead of treating all blockchain projects the same. The submission also called for rules that protect users without slowing blockchain innovation or forcing decentralised projects into unsuitable frameworks.