Hyperliquid confirmed that its headquarters are in Singapore,MAS said it is outside regulatory jurisdiction
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AT A GLANCE
MAS said that Hyperliquid is outside its regulatory scope, and Hyperliquid Labs confirmed that the platform is currently unregulated.
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Hyperliquid Headquartered in Singapore,MAS said it is outside regulatory jurisdiction
PANews October 7 reported, citing FT news, that the Monetary Authority of Singapore (MAS) said it does not consider the decentralized exchange platform Hyperliquid to fall within its regulatory jurisdiction, and that it is unclear whether the platform is regulated by any major jurisdiction.Hyperliquid Labs responded by confirming that Hyperliquid is currently unregulated and has never claimed to have obtained MAS licenses or authorization from the Hyperliquid Labs but is willing to engage constructively. In addition,Hyperliquid confirmed that its registered headquarters are located in Singapore, and recent job postings also indicate that it has an office there. The report said that 2024 moved to Singapore in
PANews cited FT as reporting that the Monetary Authority of Singapore (MAS) does not consider Hyperliquid to fall within its regulatory jurisdiction.
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MAS said it is unclear whether Hyperliquid is regulated by any major jurisdiction.
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Hyperliquid Labs confirmed that Hyperliquid is currently unregulated and has never claimed to have obtained MAS licenses or authorization.
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Hyperliquid Labs said it is willing to engage constructively with MAS.
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Hyperliquid Labs confirmed that its registered headquarters are located in Singapore, and recent job postings indicate that it has an office there.
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The report said that Hyperliquid moved to Singapore in 2024.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
In simple terms, although Hyperliquid Labs confirmed that its registered headquarters are located in Singapore,MAS said that the platform is outside its regulatory jurisdiction; the platform also confirmed that it is currently unregulated.
Why it matters to readers
This means that Hyperliquid's regulatory status remains unclear, and users need to pay attention to the applicable jurisdictions, licenses, or authorization.
New users should understand before using the platform that “headquartered in Singapore” does not mean “granted MAS regulatory approval or a license.”
Risks and unknowns
The report did not include MAS or Hyperliquid Labs original statements; the core claims came from PANews’ account of FT report.
Hyperliquid It remains unclear whether it is regulated by other jurisdictions.
The original text did not state whether Hyperliquid will apply for a license or accept regulation by a specific jurisdiction in the future.
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regulatory jurisdiction
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