Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain protocols like traditional brokers and exchanges
Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain protocols like traditional brokers and exchanges
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The July 9 joint letter, answering a CFTC Request for Information, asks the agency to confirm that publishing onchain software alone triggers no exchange or clearinghouse registration and that non-custodial wallets are not introducing brokers.
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