Crypto wallet provider Phantom and the Hyperliquid Policy Center have jointly urged the US Commodity Futures Trading Commission (CFTC) to overhaul how it treats blockchain protocol developers
Crypto wallet provider Phantom and the Hyperliquid Policy Center have jointly urged the US Commodity Futures Trading Commission (CFTC) to overhaul how it treats blockchain protocol developers and non-custodial wallet providers, arguing that current rules designed for traditional financial intermediaries are fundamentally misapplied to onchain infrastructure.
Responding to a CFTC request for information on regulations affecting fintech firms, Phantom and the Hyperliquid Policy Center put forward three core requests:
