Hyperliquid Founder Favors U.S. Oversight of Platforms, Not Blockchain
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Jeff Yan told Bloomberg that U.S. regulators should oversee firms using the blockchain rather than the underlying network.
Hyperliquid founder Jeff Yan has called for U.S. regulatory scrutiny to focus on businesses operating on the blockchain, rather than the network itself.
Speaking to Bloomberg, Yan drew a distinction between the underlying blockchain and the firms that use it to provide trading services.
His position puts those platform operators, rather than the blockchain infrastructure, at the center of the oversight he favors.
Source: CoinDesk
