Hyperliquid confirms Singapore base as MAS says it falls outside its remit
Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major…
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What happened
Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. The Financial Times reported that…
Reported details
- The FT reports that people familiar with MAS’s thinking consider the decentralized venue outside its jurisdiction. Singapore’s rules distinguish crypto derivatives on approved exchanges from those offered elsewhere.
Why this matters
Hyperliquid sits on the regulatory side rather than the structural side: the useful question is which dated rule, if any, follows this notice, and who wrote it. A rule that is not published yet changes nothing about who may act today, so treat the pending text as pending rather than as settled.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
Before acting on Hyperliquid, read the dated rule text itself rather than a summary of it, and note which agency wrote it and whether the comment period is still open.
Sources and editorial check time
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crypto.news Live: https://crypto.news/hyperliquid-confirms-singapore-base-as-mas-says/
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The Defiant Live: https://thedefiant.io/news/regulation/hyperliquid-confirms-singapore-base-but-says-it-has-no-mas-license
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Editorial source check time: 2026-10-07T20:12:46.939Z
This information is educational and is not financial, legal, or tax advice.