Hyperliquid Founder Advocates U.S. Regulation of Trading Platforms, Not Blockchains
(5 hours ago) · 1 source · Summarized by CryptoBipto
The founder of Hyperliquid has publicly stated that U.S. regulators should focus oversight on trading platforms rather than on the underlying blockchain infrastructure. The position draws a distinction between the applications built on top of blockchains and the base-layer technology itself. This stance reflects an ongoing debate in the crypto industry about where regulatory authority should apply.
WHY IT MATTERS
Think of a blockchain like a public highway system — it is open infrastructure that anyone can use. Trading platforms built on blockchains are more like businesses that set up shop along those highways. The Hyperliquid founder is arguing that the government should regulate the businesses, not the roads. This matters for people new to crypto because the outcome of this debate could determine how easy or difficult it is to use decentralized applications in the future, and whether the technology itself faces restrictions or just the companies and platforms that use it.
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- coindesk.com
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