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SEC Sits Down Together with Hyperliquid: A New Chapter in the Regulation Dialogue for On-Chain Perps
The SEC Crypto Task Force met with the Hyperliquid Policy Center, XYZ Ltd., and Sullivan & Cromwell—not as an enforcement call, but as a proactive push from the DeFi side to find a compliant path into the U.S. market.
On Tuesday, the SEC Crypto Task Force staff officially met with three parties: the Hyperliquid Policy Center, XYZ Ltd. (operator of Trade.xyz), and the top-tier law firm Sullivan & Cromwell LLP. Interestingly, the meeting was requested first by the crypto side, not by the SEC. This is a pattern that has started to show up in 2026: major DeFi builders are no longer waiting to be hit with enforcement actions—they move first to “have a good conversation” with regulators.
#SEC
#CLARTYACT
#FootballSeason2026
The SEC Crypto Task Force met with the Hyperliquid Policy Center, XYZ Ltd., and Sullivan & Cromwell—not as an enforcement call, but as a proactive push from the DeFi side to find a compliant path into the U.S. market.
On Tuesday, the SEC Crypto Task Force staff officially met with three parties: the Hyperliquid Policy Center, XYZ Ltd. (operator of Trade.xyz), and the top-tier law firm Sullivan & Cromwell LLP. Interestingly, the meeting was requested first by the crypto side, not by the SEC. This is a pattern that has started to show up in 2026: major DeFi builders are no longer waiting to be hit with enforcement actions—they move first to “have a good conversation” with regulators.
#SEC
#CLARTYACT
#FootballSeason2026
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