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Binance's CZ praises Hyperliquid DEX but warns of regulatory risks amid rising HYPE ETF demand.

Market News
17 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Binance founder Changpeng Zhao (CZ) praised the decentralized exchange Hyperliquid for occupying a niche Binance cannot compete with due to its no-KYC model. However, CZ also cautioned that Hyperliquid could face regulatory pressure similar to what Binance experienced, referencing his own legal challenges and fines. Meanwhile, Hyperliquid's token HYPE hit a new all-time high driven by renewed U.S. spot ETF inflows, with asset manager Bitwise staking significant amounts for its ETF product. The growing interest in HYPE and regulatory lobbying by Hyperliquid's policy arm suggest continued market attention but potential legal scrutiny ahead.

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