‘Walled off’ – Hyperliquid, Phantom press CFTC for 3 DeFi demands
Hyperliquid and Phantom are pressing the CFTC with three demands related to DeFi, framed around being 'walled off.' The provided text contains no article body—only page styling code—so no further details of the demands or the companies' arguments are available.
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One demand would codify the CFTC's March 2026 no-action letter sparing Phantom's non-custodial wallet from introducing-broker registration into a formal rule; Citadel Securities has opposed such DeFi carve-outs.
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