The Hyperliquid Policy Center submitted an official comment to the SEC opposing its proposed Regulation Crypto Assets framework. The organization demands five fundamental changes: airdrop status, compliance concept, Safe Harbor terms, secondary market integration, and federal immunity duration. In August, the SEC proposed allowing startups to raise up to $75 million annually under a simplified scheme with Safe Harbor status. Hyperliquid, the leader in on-chain futures trading, is forced to fully block American residents due to strict U.S. laws. In September, the House Oversight Committee demanded internal data from co-founder Jeff Yan as part of an investigation into potential insider trading.
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