CME and NYSE push for regulating Hyperliquid trading amidst manipulation fears, impacting KYC standards and compliance costs.

CME and NYSE push for regulating Hyperliquid trading amidst manipulation fears, impacting KYC standards and compliance costs.

Bloomberg reported that ICE and CME are pressing for Hyperliquid to register with the CFTC, raising concerns about market stability.

The Hyperliquid Policy Center pushed back against concerns that have reportedly been raised by incumbent exchanges on Wall Street.

Hyperliquid pushes back as CME and ICE press CFTC over onchain perps, arguing its real time records improve transparency.