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via Cointelegraph · By Cointelegraph Staff
Hyperliquid, Paradigm Urge FinCEN Revise GENIUS Rule
HYPE
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$56.982
+1.69%
$56.982
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$217,499,303.52
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Change: $1.47 (2.63%)
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CS
Cointelegraph Staff(06:40 AM UTC)
1 min read
The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and sanctions rule for stablecoin issuers.
The Hyperliquid Policy Center and Paradigm said in a letter on Tuesday that some secondary market obligations should be clarified or narrowed “to avoid unintended consequences for permissionless…
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