Wu Blockchain has learned that the Hyperliquid Policy Center (HPC) submitted a comment letter to the SEC and CFTC, calling for the establishment of a unified classification framework for perpetual contracts. They argue that cash-settled stock perpetual contracts with characteristics of traditional futures should be classified as 'security futures' rather than having their fundamental classification as futures or swaps altered solely based on the underlying asset. HPC stated that a clear regulatory framework would help bring perpetual contract trading, which currently occurs primarily in offshore markets, into U.S. regulated markets. https://(wublock123.com)/news/news-67152