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New
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GUSD Minting
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Hyperliquid Lobbying Organization CEO: Front-end interfaces connecting decentralized trading protocols should not be required to perform KYC
Mars Finance reports that on February 20, Hyperliquid Policy Center CEO Jake Chervinsky posted on social media stating, “The front-end interface connecting to decentralized trading protocols should not be required to perform KYC (identity verification). Financial privacy is a fundamental right. Of course, even if the scale of illegal on-chain financial activities is negligible compared to traditional financial systems, we should not turn a blind eye. But the solution should not be to simply apply old rules—those that exclude billions of people from the financial system—to new technologies that can do better.”