News Explorer — Hyperliquid Advocates, Paradigm Challenge Proposed Rules for Stablecoin Issuers

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Jun 10, 2:33 pm

Decrypt

Hyperliquid Advocates, Paradigm Challenge Proposed Rules for Stablecoin Issuers

Paradigm and the Hyperliquid Policy Center raised concerns to U.S. regulators about proposed stablecoin anti-money laundering rules potentially impacting regulated dollar tokens in permissionless DeFi. They suggested separating primary issuance from secondary market activity to avoid discouraging issuers from deploying to blockchains.

Paradigm and the Hyperliquid Policy Center raised concerns to U.S. regulators about proposed stablecoin anti-money laundering rules potentially impacting regulated dollar tokens in permissionless DeFi. They suggested separating primary issuance from secondary market activity to avoid discouraging issuers from deploying to blockchains.

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