Regulation· ★★★★· bearish·

Singapore's MAS adds Hyperliquid to investor alert list

  • —MAS added Hyperliquid to its Investor Alert List on June 26, 2026
  • —Regulator said the platform is not regulated in any major jurisdiction
  • —Hyperliquid Labs confirmed Singapore registration but no MAS license
  • —MAS distinguished SGX institutional perps from Hyperliquid's offerings
Why it matters: The alert is not a ban, but it flags the platform for banks and institutional partners and may prompt tighter scrutiny of decentralized perps elsewhere.
Source: Crypto Briefing