CME and NYSE Owner Push U.S. Regulators to Crack Down on Hyperliquid

Hyperliquid pushes back as CME and ICE press CFTC over onchain perps, arguing its real time records improve transparency. The post Hyperliquid Policy Center pushes back against CME and ICE regulatory concerns appeared first on Crypto Briefing.

The Washington, D.C.-based policy team for decentralized exchange Hyperliquid (HYPE) has moved quickly to address a new regulatory pressure campaign described in a Friday report by Bloomberg.  CME Group and Intercontinental Exchange (ICE) are reportedly lobbying the Commodity Futures Trading Commission (CFTC) and US lawmakers to push for federal oversight of the platform, arguing that […]

BHYP offers spot exposure to Hyperliquid’s HYPE token and will stake a portion of its holdings through Bitwise’s in-house staking division.

The launch comes only days after another HYPE ETF, 21Shares' THYP, started trading, racking up $1.8M on its debut.

The post CME and NYSE Push for U.S. Regulatory Oversight of Hyperliquid appeared on BitcoinEthereumNews.com. Traditional finance (TradFi) giants CME Group and the New York Stock Exchange’s (NYSE) parent company, Intercontinental Exchange (ICE), are urging U.S. regulators to regulate Perp DEX Hyperliquid. These firms cited concerns about market manipulation and sanctions evasion on the decentralized platform. CME And NYSE Urge U.S. Regulators To Regulate Hyperliquid According to a Bloomberg report, the CME and NYSE are pushing the U.S. to regulate Hyperliquid, citing concerns that the exchange could skew global oil prices and be exploited for price manipulation. These exchanges have also told the Commodity Futures Trading Commission (CFTC) and Capitol Hill officials that Hyperliquid’s decentralized trading environment poses risks of insider price manipulation or state actors seeking to evade sanctions. The HYPE token fell sharply from an intraday high of around $45 following the report.

CME and ICE are reportedly urging U.S. regulators to enforce existing financial laws against Hyperliquid.

The post How USDC expansion via Coinbase can reshape Hyperliquid’s supply dynamics appeared on BitcoinEthereumNews.com. As stablecoins dominate liquidity, Layer1 networks are making strategic moves to capture the flow.  Recently, Circle’s USDC, through a partnership between Coinbase and Hyperliquid [HYPE], has emerged as a key catalyst behind this trend. As AMBCrypto previously reported, Coinbase will serve as the official USDC treasury deployer on Hyperliquid, signaling a meaningful shift in HYPE’s stablecoin ecosystem. Notably, the on-chain data and market response reinforce this narrative. According to DeFiLlama, USDC already represents 93% of Hyperliquid’s total stablecoin supply, suggesting the network is rapidly consolidating around a single dominant liquidity base. This, in turn, gives the partnership a clear edge in strengthening the overall ecosystem, especially with the gradual phase-out of USDH in favor of USDC. Source: DeFiLlama In terms of market response, Michael Friedman

Hyperliquid price remained volatile this week after rebounding sharply from a recent pullback, while growing institutional involvement and the launch of new spot exchange-traded products strengthened bullish sentiment surrounding the decentralized trading protocol. According to data from crypto.news, Hyperliquid (HYPE)…