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Hyperliquid’s Yan and CME’s Duffy disagree on US compliance approach
Hyperliquid’s co‑founder Yan and CME Group’s compliance chief Duffy have expressed opposing views on how US regulatory obligations should be met. Yan argues that oversight should target market deployers instead of the underlying blockchain technology. In contrast, Duffy maintains that platforms must ensure compliance directly with US regulators. Hyperliquid’s current interface continues to block US‑based users and prevents access via VPNs. The disagreement was reported by The Defiant.