Regulation· ★★★· neutral·

Hyperliquid founder pushes for US regulatory exemption for blockchain

  • —Hyperliquid lacks a CFTC exchange license and blocks US users
  • —Yan wants the blockchain classified as infrastructure, not an exchange
  • —Prediction market odds of HYPE hitting $100 by end-2026 fell from 72% to 47% in a week
Why it matters: The CFTC's classification decision will determine whether Hyperliquid can serve US users without an exchange license.
Source: Crypto Briefing