Hyperliquid Policy Center proposes 5 changes to SEC crypto rules

- Hyperliquid Policy Center supports the SEC’s crypto regulatory framework but calls for 5 amendments to make the rules more practical
- The comment submitted on October 19 focuses on airdrop treatment, token trading after an exempt distribution, safe harbor protections, buyback rules, and interactions between federal and state exemptions
- The group’s position: tokens initially used for fundraising can later circulate widely without a direct connection to the issuer
- The proposal is not a regulatory decision, but simply one contribution to the rulemaking process
- The final outcome depends on how the SEC responds to the evidence and objections

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Source: NewsBTC