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      Hyperliquid Founder: Regulatory Obligations Should Fall on On-Chain Market Operators, Not the Blockchain

      PANews, October 15 – According to Bloomberg, Hyperliquid founder Jeff Yan proposed a regulatory approach in an interview on Bloomberg's "Odd Lots" podcast: regulatory obligations should be borne by the financial firms operating markets on the Hyperliquid blockchain, rather than by the blockchain itself. Bloomberg noted that this distinction would allow Hyperliquid to expand its business into Wall Street without taking on the full compliance burden of a traditional exchange. U.S. regulators are currently considering how to bring offshore trading venues into the domestic financial system.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud