CME Group and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, are reportedly urging U.S. regulators to take a closer look at decentralized crypto exchange Hyperliquid due to concerns surrounding market manipulation and sanctions evasion. According to a Bloomberg report published Friday, executives from both exchanges have raised concerns with officials at the Commodity Futures Trading Commission (CFTC) as well as lawmakers in Washington.
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