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Wall Street’s biggest energy exchanges demand U.S. action against Hyperliquid


Wall Street’s biggest energy exchanges demand U.S. action against Hyperliquid

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CME Group and Intercontinental Exchange asked U.S. regulators to subject crypto trading platform Hyperliquid to tougher review, citing market manipulation concerns and possible sanctions risk according to Bloomberg. They urged Hyperliquid to register with the Commodity Futures Trading Commission, which would impose CFTC oversight and compliance requirements and increase regulatory risk for the exchange and broader DeFi/DEX market.

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CME Group (CME) and Intercontinental Exchange (ICE), the company that owns the NYSE, are asking U.S. regulators to put Hyperliquid under tougher review. Bloomberg claims that both companies raised concerns about market manipulation and possible sanctions risk, and they want Hyperliquid to register with the Commodity Futures Trading Commission. If that happens, the platform would...
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