Regulation· ★★★· neutral·

Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review

  • —Hyperliquid Policy Center wants onchain perps regulated under MiFID II
  • —Circle contests MiCA's bank deposit floor for stablecoin reserves
  • —Both filings target the European Commission's MiCA review
Why it matters: The MiCA review will set the rules for onchain derivatives and stablecoins in the EU for years to come.
Source: The Block