BlockchainCrypto

Hyperliquid Confirms Singapore Base but Says It Has No MAS License

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/10/2026, 16:42:25 UTC.

Briefings

The FT reports that Hyperliquid operates a decentralized venue in Singapore, which is outside the jurisdiction of the Monetary Authority of Singapore (MAS). This distinction is critical because Singapore's rules differentiate between crypto derivatives on approved exchanges and those offered elsewhere, implying a regulatory gap for Hyperliquid's operations.

Key points

• Hyperliquid operates a decentralized venue in Singapore, which is outside the jurisdiction of the Monetary Authority of Singapore (MAS).
• Singapore's rules distinguish crypto derivatives on approved exchanges from those offered elsewhere, creating a regulatory gap for Hyperliquid's operations.

Context

Singapore's financial regulations distinguish between crypto derivatives on approved exchanges and those offered elsewhere, which implies a regulatory gap for Hyperliquid's decentralized operations.

Limitations

The evidence is limited to a single article report from October 2026 stating the location of the venue and the regulatory distinction; no specific dates, numbers, or operational details are provided.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 30/10/2026, 12:30:43 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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