6.6 Regulation HPC与Phantom敦促CFTC更新DeFi监管，主张区分软件开发与金融服务，并为链上市场基础设施制定明确路径。
Hyperliquid政策中心（HPC）与Phantom联合向美国商品期货交易委员会（CFTC）提交意见，呼吁对去中心化金融（DeFi）及链上市场基础设施的监管框架进行现代化改革。两家机构指出，现行CFTC规则主要针对有中心化中介的传统金融体系，不适用于用户自主管理资产的去中心化市场。 他们强调，开发或发布链上协议软件不应自动被视为需注册为交易所或清算所，建议将软件开发与受监管金融服务明确区分。此外，HPC与Phantom还呼吁CFTC正式化对Phantom等非托管钱包提供商的“无行动救济”，为注册交易所和清算所采用链上基础设施制定明确路径。 建议内容包括一个三步路线图，在CFTC监管下逐步整合链上市场，并倡导制定能反映去中心化技术独特性的监管规则。
Hyperliquid Policy Center and Phantom urge CFTC to exempt onchain developers from registration
Hyperliquid Policy Center, Phantom Urge CFTC To Ease Onchain Software Registration Rules
Phantom, Hyperliquid ask CFTC to modernize rules for onchain derivatives
Hyperliquid Policy Center, Phantom urges the CFTC to update regulations for on-chain markets
Hyperliquid Policy Center and Phantom Pressure CFTC to Modernize Onchain Software Rules
Phantom and Hyperliquid urge CFTC to modernize onchain derivatives rules
Hyperliquid, Phantom Ask CFTC to Exempt DeFi From Broker Rules
Solana Policy Institute Pushes CFTC to Rethink Crypto Rules
HPC and Phantom Urge CFTC to Make Room for Onchain Market Infrastructure
HPC and Phantom urge the CFTC to open space for onchain market infrastructure
Hyperliquid Policy Center and Phantom Ask CFTC to Pave Way for Onchain Infra
Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain protocols like traditional brokers and exchanges
Phantom and Hyperliquid Policy Center urge CFTC to clarify onchain market rules
Hyperliquid Policy Center and Phantom Urge CFTC to Modernize DeFi Regulation
Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules
