MarketPR
The Hyperliquid Policy Center and Paradigm are jointly urging Treasury to revise the anti-money-laundering provisions embedded in the GENIUS Act, arguing the current framework imposes compliance burdens too heavy for stablecoin issuers to bear.
The two firms say the rules, as written, could structurally disadvantage the stablecoin sector before it reaches scale.
What the Two Firms Are Arguing The Hyperliquid Policy Center and Paradigm directed their criticism specifically at Treasury's money-laundering requirements as they apply to stablecoin issuers under the GENIUS Act.
Their position: the obligations are disproportionately onerous relative to the actual risk profile of stablecoin activity. Neither organization contested the principle of anti-money-laundering oversight.
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