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#safe harbor

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Hyperliquid Policy Center Urges SEC to Clarify Crypto Airdrop and Token Buyback Rules
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Hyperliquid Policy Center Urges SEC to Clarify Crypto Airdrop and Token Buyback Rules

Key Highlights: The Hyperliquid Policy Center (HPC) has urged the SEC to establish that free token airdrops are not securities transactions. Recommendations include expanding safe harbor provisions, providing secondary market clarity, and establishing permanent federal preemption over state registration laws. The advocacy comes ahead of the October 20 deadline for the SEC to conclude its ...