CFTC Chair on Hyperliquid:
→ He thinks HL is transforming the US markets with their 24/7 offering
→ Smart contract logic automates a lot of what exchanges have to comply with
→ ADL is an unconventional mechanism, not good or bad
→ Modernizing the rules to bring things onshore
https://x.com/_stevenhl/status/2066521630000685221
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