Tag: CFDs

ESMA Draws The Line: Why Hyperliquid’s Crypto Perpetuals Look Increasingly Like CFDs In DeFi Clothing

Compliance Reg Techer - March 16, 2026

ESMA has now said the quiet part out loud: many derivatives marketed as crypto perpetuals are likely CFDs in the EU. For Hyperliquid and front ends like AXIOM, that raises major questions around leverage, retail targeting, appropriateness, and investor protection.

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