HPC and Multicoin Capital Endorse CFTC Prediction Market Framework

Hyperliquid Policy Center and Multicoin Capital jointly support CFTC's draft framework, urging federal oversight over state gambling laws for prediction markets.

Woofun AI reports that the Hyperliquid Policy Center and Multicoin Capital submitted a joint letter endorsing the CFTC’s proposed regulatory framework for prediction markets. The submission advocates for uniform federal regulation instead of state-level gambling laws, citing structural differences between exchange contracts and casino operations. It further recommends adopting an "involves" standard based on settlement outcomes and demands public justification for all regulatory decisions.

The Hyperliquid Policy Center, established in February 2026 by former Variant chief legal officer Jake Chervinsky, operates as an independent non-profit in Washington, D.C. Funded with 1 million HYPE tokens from the Hyper Foundation, the organization focuses on advocating for policies regarding decentralized financial infrastructure, including perpetual contracts and prediction markets.