Hyperliquid Pursues Registration as US FCM, Drawing Industry

Hyperliquid is pursuing registration as a US FCM, drawing significant attention. Here's why this move matters for traders and the derivatives market. Hyperliquid is moving to register as a US FCM, a significant step. Hyperliquid is attempting to register as a U.S. Futures Commission Merchant (FCM), according to a tweet from crypto commentator James Seyffart. This move signifies a major step for the platform in aligning with U.S. regulatory standards. With increased engagement around this development, the implications for the derivatives market could be profound.