Hyperliquid Policy Center has officially been established in Washington, D.C., with Jake Chervinsky serving as the first CEO. The center aims to promote widespread adoption of DeFi in the U.S. and develop a legal framework for it. The focus is on advancing regulatory frameworks for perpetual derivatives (perps), which are considered simpler than options and futures while offering direct asset exposure. Currently, these are primarily traded on offshore crypto exchanges. The Hyperliquid-affiliated foundation has donated 1 million HYPE tokens (currently valued at approximately $28 million) to support the center's operations. The founding team includes policy advisor Brad Bourque (former Sullivan & Cromwell attorney) and policy director Salah Ghazzal (former head of policy at Variant). (Fortune) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56921