Hyperliquid Policy Center is calling on U.S. regulators to establish consistent rules for perpetual contracts, arguing that clearer classifications could allow more perpetual markets to operate within the countrys regulated financial system. The group submitted comments urging the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to coordinate their approach. It said perpetual contracts should be classified according to their structure and trading characteristics rather than solely by the assets they reference. U.S. derivatives law generally separates… Read more
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