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Regulation

Hyperliquid confirms Singapore base and says it holds no MAS license

The Defiant cites FT reporting that people familiar with MAS's thinking place the venue outside the regulator's jurisdiction.

At a glance

15-second brief
  • Hyperliquid confirmed it is based in Singapore and does not hold a Monetary Authority of Singapore license, The Defiant reported.

  • The Defiant's article cites Financial Times reporting that people familiar with MAS's thinking consider the decentralized venue to be outside the regulator's jurisdiction.

Hyperliquid confirmed it is based in Singapore and does not hold a Monetary Authority of Singapore license, The Defiant reported.

The Defiant's article cites Financial Times reporting that people familiar with MAS's thinking consider the decentralized venue to be outside the regulator's jurisdiction. Singapore's rules distinguish crypto derivatives offered on approved exchanges from those offered elsewhere, according to the report.

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