๐Ÿ”ด Should trading firms be regulated instead of the blockchain itself?

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๐Ÿ“ฐ Jeff Yan, founder of Hyperliquid, has called for U.S. oversight of the firms that operate markets on the network, rather than regulating the blockchain as infrastructure. He believes responsibility should fall on the entities that control trading and access to it, which could pave the way for financial institutions to use the network within clear legal frameworks.

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