The Senate’s postponement of a vote on the crypto regulatory law, the Clarity Act, ensures that the legislation is all but dead for the moment. But it didn’t cover some of the fastest-growing parts of the crypto market. And firms in those sectors have been hard at work lobbying regulators to push for favorable treatment of their businesses. For example, Hyperliquid, a fast-growing overseas crypto trading service, and Morpho, a popular crypto lending platform, have both lately stepped up outreach to federal agencies, seeking measures that could protect or expand their businesses under existing U.S. laws, according to policy and legal representatives for the companies.
Don't miss out on breaking stories and in-depth articles.
