Connect with us

Hi, what are you looking for?

Crypto News

Hyperliquid in Discussions With CFTC for U.S. Compliance, HYPE Hits New ATH

Hyperliquid Labs revealed today the details of two comment letters that it submitted to the U.S. Commodity Futures Trading Commission (CFTC) addressing perpetual derivatives and 24/7 trading regulations. Why did the platform take this regulatory approach as the HYPE price hits a new ATH? Why Did Hyperliquid Submit Letters to CFTC? Hyperliquid Labs submitted two comment letters to the Commodity Futures Trading Commission in response to the regulator’s Requests for Comment on perpetual derivatives and 24/7 trading. The platform basically wanted to be a practical example of how decentralized finance principles can address regulatory concerns and also maintain market efficiency and user protection. The submission on 24/7 trading highlighted Hyperliquid’s operational capabilities. This includes continuous liquidity through pre-funded collateral that removes reliance on traditional banking infrastructure. The platform’s automated liquidation system continuously reassesses margin requirements with every trade and oracle price update. This also addresses collateral management concerns raised by… Read More at Coingape.com

The post Hyperliquid in Discussions With CFTC for U.S. Compliance, HYPE Hits New ATH appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Crypto News

Stablecoins:- India’s digital payments leadership is reshaping global finance. Yet, one layer remains stuck in inefficiency: cross-border transactions. Remittances and trade payments still rely...

Crypto News

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm...

Crypto News

Trends:- A former Find Satoshi Lab (FSL) leader Mable Jiang has announced the launch of a new social protocol project – called Trends. The...