Hyperliquid founder urges U.S. oversight of trading platforms, not the blockchain itself

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Jeff Yan, founder of Hyperliquid, told Bloomberg that American regulators should focus their oversight on the companies that build trading services on the blockchain. In his view, the underlying network itself should be treated differently from those firms. The comments set out his position on how U.S. rules should apply to crypto trading platforms. The article provides few additional details beyond this statement.

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