
Hyperliquid is registered in Singapore, but MAS says it is not under its supervision
- —FT: Hyperliquid is registered in Singapore; its ~11-person team moved there in 2024
- —MAS says Hyperliquid is not under its supervision and has not applied for a license
- —MAS added Hyperliquid to its crypto warning list on June 26
- —HYPE trades at $91.64, down 3% over 24 hours
Why it matters: Regulatory uncertainty around Hyperliquid could weigh on HYPE and spotlight the status of decentralized exchanges in Asia.
Source: BeInCrypto JP
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