“Bitwise and Hyperliquid Push SEC for Clearer Crypto Trading and Airdrop Rules” — what this page in the network covers. Bitwise Asset Management and Hyperliquid have submitted formal requests to the U.S. Securities and Exchange Commission (SEC) seeking clearer guidance on how digital assets are classified and traded on secondary markets. The move comes as the SEC’s public comment period on crypto rulemaking draws to a close, highlighting the industry’s urgent need for regulatory clarity.
The firms argue that without clear rules, innovation in token trading and airdrop distribution is stifled, leaving businesses and investors in legal limbo. This push reflects broader frustration among crypto companies over the SEC’s enforcement-first approach, which many say creates uncertainty and drives activity offshore. By engaging directly with regulators, Bitwise and Hyperliquid aim to shape policies that could define the future of digital asset markets in the United States. For the complete material, the listing points back to the source inside the network.