HPC Submits Feedback to EU on MiCA Framework Evolution

The Hyperliquid Policy Committee (HPC) has submitted feedback to the European Commission on the evolution of the Markets in Crypto-Assets (MiCA) framework. This marks HPC's first regulatory filing outside the United States, emphasizing the need for the EU to build upon existing frameworks rather than create new legislation.

The broader crypto market is currently experiencing mixed signals, yet the submission from HPC has gained notable attention. Their feedback urges EU regulators to adhere to established guidelines and avoid redundant legislation, particularly around perpetual futures contracts.

HPC advocates for a more flexible regulatory environment that recognizes the transparency of public blockchains, which could enhance investor access to global liquidity pools.