Jake Chervinsky, CEO of Hyperliquid Policy Center, argues that front-end interfaces of decentralized exchanges should not be forced to implement KYC procedures. He emphasizes that financial privacy is a fundamental right and that U.S. law should not mandate non-custodial developers to surveil users without warrants. While acknowledging the need to tackle illegal activities on-chain, he cautions against imposing traditional regulatory frameworks that could exclude many people from accessing improved financial technologies.
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Hyperliquid CEO Advocates Against Mandatory KYC for Non-Custodial DeFi Developers, Emphasizes Fin...
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