Bitwise and Hyperliquid have jointly called for clearer guidance from the U.S. Securities and Exchange Commission (SEC) regarding the classification of crypto assets and the regulation of secondary-market trading. This move comes as the SEC’s public comment period on these issues has recently concluded, signaling a potential shift in regulatory clarity for the crypto industry.
According to CoinTelegraph, the two firms are advocating for updated SEC rules that would specifically address token trading and airdrops, aiming to reduce ambiguity that currently surrounds these activities. The call reflects growing industry demand for regulatory frameworks that can better accommodate the unique characteristics of digital assets.
For Japanese investors and market participants, clearer U.S. regulatory guidelines could influence global market practices, as Japan continues to develop its own crypto regulations in alignment with international standards.