Hyperliquid Policy Center and trade[XYZ] urge US CFTC to create regulatory framework for US oil perpetual contracts
The Hyperliquid Policy Center and perpetuals trading platform trade[XYZ] sent a letter to the Commodity Futures Trading Commission (CFTC) on Wednesday, advocating for a regulatory framework for energy perpetual contracts in the U.S. They highlighted that traditional oil futures markets were closed during global supply chain disruptions earlier this year, while 24/7 platforms like Hyperliquid continued trading onchain. The initiative follows President Donald Trump's recent comments that CFTC Chair Michael Selig was working to bring Hyperliquid into the U.S. in a "fully compliant and legal fashion."
Source:The Block · Source Link
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