Hyperliquid Policy Committee Pushes for Flexible EU Crypto Regulations

The Hyperliquid Policy Committee (HPC) has submitted feedback to the European Commission regarding 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 HPC's feedback urges EU regulators to adhere to established guidelines and avoid redundant legislation, particularly around perpetual futures contracts. The committee advocates for a more flexible regulatory environment that recognizes the transparency of public blockchains, which could enhance investor access to global liquidity pools.

The submission comes at a critical time as the EU seeks to finalize its regulatory framework for crypto assets. The HPC's feedback is aligned with the EU's objectives to create a uniform regulatory framework that emphasizes transparency and market integrity.

By submitting feedback, HPC aims to provide insights that could influence the Commission's approach to regulating crypto markets and ensuring investor protection.