On-Chain Finance in the US: Why KYC and AML Remain Unavoidable On September 7, 2026, Jake Chervinsky @jchervinsky , CEO of the Hyperliquid Policy Center, said in an interview with The Rollup @therollupco that KYC and AML requirements are unavoidable for onchain finance seeking

What happened

On September 7, 2026, Jake Chervinsky, CEO of the Hyperliquid Policy Center, said in an interview with The Rollup that KYC and AML requirements are unavoidable for on-chain finance in the US. KYC means verifying customer identities, and AML means anti-money-laundering rules.

Confirmed

Global impact / market context

This suggests companies building on-chain finance, which uses blockchain for financial services, must plan for identity checks and anti-money-laundering compliance. That adds costs and operational steps, potentially slowing innovation and raising barriers for smaller startups entering the US market.

Analyst inference

The statement signals that US regulators will likely keep enforcing KYC and AML rules on blockchain-based finance. This could shape how digital asset firms design products, allocate capital spending, and manage compliance costs, affecting their revenue potential and investor confidence in the sector.

Analyst inference

What to watch

1. Watch whether other industry leaders echo Chervinsky's view that KYC and AML are unavoidable, which would confirm a broader consensus across the on-chain finance sector in the US. Confirmed
2. Monitor if the Hyperliquid Policy Center releases formal policy recommendations or guidance following this interview, as that could signal concrete steps for compliance and industry self-regulation. Proposed
3. Observe whether US regulators introduce new KYC and AML rules specifically for on-chain finance, which would directly impact company compliance costs and potentially alter how blockchain firms operate. Analyst inference

Evidence

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