CME CEO: Hyperliquid faces US market entry hurdles over KYC issues
- —Duffy made the comments on Bloomberg's Odd Lots podcast
- —Hyperliquid requires no KYC and is not registered with U.S. regulators
- —CME competes with Hyperliquid in crypto derivatives
Why it matters: The remarks signal that the largest derivatives venue sees KYC as the main barrier to Hyperliquid's U.S. legalization.
Source: Crypto Briefing