HPC submitted its comments to the CFTC, calling for the establishment of a regulatory pathway for decentralized prediction markets.

CoinFeed reported on April 30th that the Hyperliquid Policy Center (HPC) has submitted a comment letter to the CFTC regarding its proposed Notice of Prediction Markets (ANPRM), advocating for a compliance path for decentralized prediction markets based on public blockchains while simultaneously developing centralized rules. HPC recommends a function-oriented, flexible regulatory framework that would allow US users to legally participate in decentralized markets and promote domestic financial innovation. It points out that decentralized prediction markets possess advantages such as non-custodial nature, transparency, and resistance to single points of failure, which help achieve price discovery and risk management objectives.