Yesterday, Trump explicitly mentioned HYPE; today, the CFTC chair has really started paving the way.
The latest roadmap unveiled by CFTC Chair Michael Selig for “New Frontier of Finance” has clearly instructed staff to research how to use existing authorities to establish a new market structure for crypto assets—so that existing institutions, and even currently unregistered crypto exchanges, in the future have an opportunity to be brought under CFTC supervision, along with providing compliant leverage and margin trading.
What’s even more noteworthy is that the CFTC also plans to directly communicate with developers of on-chain financial protocols to study how these protocols can operate legally in the United States.
This news is especially worth paying attention to $HYPE .
The reason is simple: yesterday, the market was still trading based on Trump’s line that he was “studying how to allow Hyperliquid to enter the U.S. legally and compliantly”; today, it has already advanced to the CFTC chair publicly laying out the direction for regulatory implementation.
In plain terms: yesterday was political signaling; today the path for regulatory rollout is starting to appear.
Of course, this doesn’t mean Hyperliquid has already been approved to enter the U.S., nor does it mean HYPE is guaranteed to keep rising. But if, later on, the CFTC truly releases specific rules for registration, compliant trading, and on-chain protocol regulation, HYPE’s narrative could shift from mere “policy speculation” to genuine U.S. compliance expectations.
Next, the most important thing is to keep an eye on whether the CFTC continues to issue more specific rules.
$HYPE $BTC
The latest roadmap unveiled by CFTC Chair Michael Selig for “New Frontier of Finance” has clearly instructed staff to research how to use existing authorities to establish a new market structure for crypto assets—so that existing institutions, and even currently unregistered crypto exchanges, in the future have an opportunity to be brought under CFTC supervision, along with providing compliant leverage and margin trading.
What’s even more noteworthy is that the CFTC also plans to directly communicate with developers of on-chain financial protocols to study how these protocols can operate legally in the United States.
This news is especially worth paying attention to $HYPE .
The reason is simple: yesterday, the market was still trading based on Trump’s line that he was “studying how to allow Hyperliquid to enter the U.S. legally and compliantly”; today, it has already advanced to the CFTC chair publicly laying out the direction for regulatory implementation.
In plain terms: yesterday was political signaling; today the path for regulatory rollout is starting to appear.
Of course, this doesn’t mean Hyperliquid has already been approved to enter the U.S., nor does it mean HYPE is guaranteed to keep rising. But if, later on, the CFTC truly releases specific rules for registration, compliant trading, and on-chain protocol regulation, HYPE’s narrative could shift from mere “policy speculation” to genuine U.S. compliance expectations.
Next, the most important thing is to keep an eye on whether the CFTC continues to issue more specific rules.
$HYPE $BTC