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News Explorer — Hyperliquid Advocates, Paradigm Challenge Proposed Rules for Stablecoin Issuers

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Jun 10, 2:33 pm
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Hyperliquid Advocates, Paradigm Challenge Proposed Rules for Stablecoin Issuers

Paradigm and the Hyperliquid Policy Center raised concerns to U.S. regulators about proposed stablecoin anti-money laundering rules potentially impacting regulated dollar tokens in permissionless DeFi. They suggested separating primary issuance from secondary market activity to avoid discouraging issuers from deploying to blockchains.

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