---
title: "Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain like traditional protocols brokers and exchanges"
url: https://thecoingazette.com/hyperliquid-policy-center-phantom-urge-cftc-to-stop-treating-onchain-like-traditional-protocols-brokers-and-exchanges/
date: 2026-07-09
modified: 2026-07-09
author: "Coin Gazette Editorial"
description: "The CFTC and Securities and Exchange Commission issued a Request for Information in mid-June on financial innovation."
categories:
  - "CFTC"
  - "Crypto News"
  - "Defi"
  - "Derivatives"
  - "regulation"
  - "tokenization"
tags:
  - "CFTC"
  - "Companies"
  - "Crypto Ecosystems"
  - "Crypto infrastructure"
  - "Defi"
  - "derivatives"
  - "exchange"
  - "Exchanges"
  - "financial innovation"
  - "Hyperliquid"
  - "innovation"
  - "Policy"
  - "regulation"
  - "securities"
  - "Securities and Exchange Commission"
  - "tokenization"
  - "Wallet Makers"
  - "web3"
word_count: 17
---

# Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain like traditional protocols brokers and exchanges

The CFTC and Securities and Exchange Commission issued a Request for Information in mid-June on financial innovation.