Hyperliquid co-founder Jeff Yan has engaged with US policymakers to advocate for the inclusion of onchain derivatives markets in the country's regulatory framework. The discussions, centered around the CLARITY Act, aim to educate legislators on the technical aspects of onchain trading. Hyperliquid established a Policy Center in Washington on February 18, led by Jake Chervinsky, to bridge DeFi trading with traditional regulatory systems.
The CLARITY Act is pivotal to these discussions, as Hyperliquid sees an opportunity to integrate onchain derivatives into US regulations. The Policy Center also addresses criticisms from traditional exchanges like CME and ICE, arguing that blockchain-based systems offer greater transparency, with every trade and order being publicly verifiable.
Hyperliquid Advocates for Onchain Derivatives Regulation in Washington
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