Hyperliquid Policy Committee submits MiCA feedback to EU, calling for adherence to technology neutrality

The Hyperliquid Policy Committee has submitted feedback on the MiCA framework to the European Commission, calling for adherence to the principles of technical neutrality and economic substance classification. It suggests incorporating on chain perpetual contracts into the MiFID II regulatory framework through ESMA guidelines and advocating for the exemption of the burden of duplicate reporting on on on chain public data to ensure EU investors have access to global liquidity.