Crypto Scenario Insights

US Regulator Clarity on Onchain Code: Potential for DeFi Infrastructure Growth?

What happened

The Hyperliquid Policy Center and Phantom Wallet have submitted a joint comment letter to the CFTC, requesting clarification on regulations concerning onchain infrastructure.

What we think

The joint filing by HPC and Phantom aims to clarify regulatory treatment of onchain infrastructure, a critical step for US DeFi derivatives access.

Read the analysis

US Regulator Clarity on Onchain Code: Potential for DeFi Infrastructure Growth?

We explain what happened and what could follow. We do not forecast prices.

Read the full analysis