Hyperliquid Policy Center and Paradigm Call on the U.S. to Revise Stablecoin Anti-Money Laundering Rules

According to The Block, the Hyperliquid Policy Center and Paradigm have jointly written a letter to the U.S. Department of the Treasury urging revisions to a proposed anti-money laundering rule, stating that it could impose strict liability on stablecoin issuers for secondary-market transactions over which they lack substantive control.