Regulation

CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks

Regulation

CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks

Major U.S. derivatives exchanges CME Group and Intercontinental Exchange (ICE) have reportedly urged American regulators to investigate decentralized derivatives platform Hyperliquid over concerns about potential market manipulation risks. The traditional exchanges have raised questions about the oversight and regulatory compliance of the fast-growing DeFi platform, according to Bloomberg reporting.