CryptoBearishNewsBTC · 3d ago7/10
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Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why
The Hyperliquid Policy Center and Paradigm submitted joint comments to the US Treasury opposing overly broad compliance requirements in the proposed GENIUS Act stablecoin framework. They warned that requiring permitted payment stablecoin issuers to monitor secondary market transactions and imposing lawful order obligations on validators could drive US crypto infrastructure offshore.
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