Hyperliquid Policy Center Launches to Advocate for DeFi in Washington
- Jake Chervinsky has been appointed CEO of the newly launched Hyperliquid Policy Center (HPC).
- The HPC is funded with $29 million worth of HYPE tokens, donated by the Hyper Foundation.
- The center aims to serve as a resource for U.S. policymakers on DeFi and derivatives like perpetual futures.
- Hyperliquid co-founder Jeff Yan highlighted the need for a unified voice in policy discussions.
- Chervinsky previously opposed Senate proposals requiring DeFi front ends to register with regulators.
The launch of the Hyperliquid Policy Center marks a significant step in advocating for decentralized finance within U.S. policy circles, aiming to influence ongoing legislative discussions about market structures and regulations affecting DeFi protocols.
With $29 million backing from HYPE tokens, HPC positions itself as an essential player in shaping future financial regulations around decentralized technologies and derivatives like perpetual futures in the United States.( Source)
