Bitwise, Hyperliquid Ask SEC to Revise Proposed Crypto Rules

TLDR Bitwise and the Hyperliquid Policy Center filed comment letters asking the SEC to revise its proposed crypto rules. Bitwise wants a clear standard for deciding if a crypto asset is a security, based on public information. Hyperliquid asked for a broader safe harbor, airdrop protections and guidance on token buybacks. A former SEC enforcement [...]

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