𝗖𝗙𝗧𝗖 𝗖𝗵𝗮𝗶𝗿 𝗠𝗶𝗸𝗲 𝗦𝗲𝗹𝗶𝗴 outlined a regulatory pathway for on-chain perpetual platforms like Hyperliquid to operate onshore in the US, per WuBlockchain. Selig said regulators should "lean into the future rather than rigidly applying outdated 1934 exchange rules" — the CFTC is actively tailoring rules for on-chain products, including auto-deleveraging mechanisms. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The CFTC Chair explicitly naming Hyperliquid as a model for compliant onshore DeFi perps is a significant legitimacy milestone. A US regulatory pathway would unlock a massive institutional user base currently locked out of these platforms. Timeline is unclear, but the direction of travel is now explicitly constructive for on-chain derivatives. source: WuBlockchain Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))