Hyperliquid, Paradigm Challenge FinCEN’s GENIUS Rule Proposal
Darius Baruo Jun 10, 2026 06:06 Hyperliquid and Paradigm urge FinCEN to revise GENIUS Act rules, warning that overreach on secondary markets could undermine DeFi and U.S. stablecoins. Hyperliquid and Paradigm are pushing back on FinCEN’s proposed rules under the GENIUS Act, warning that an overly broad compliance net could harm the U.S. stablecoin market...
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