Hyperliquid Confirms Singapore Base as MAS Says It Falls Outside Its Remit

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 jurisdiction. The Financial Times reported that…

Hyperliquid confirms Singapore base, but MAS says it is not the regulator

Hyperliquid confirms its Singapore headquarters, but MAS says the decentralized perps venue is outside its jurisdiction and lacks a license.

Hyperliquid Confirms Singapore Base Without a MAS License

Singapore’s rules distinguish crypto derivatives offered on approved exchanges from those offered elsewhere, raising questions about how they apply to the decentralized venue.

Hyperliquid Confirms Singapore Base but Says It Has No MAS License

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.

Hyperliquid Confirms Singapore Registration as MAS Says Exchange Falls Outside Its Jurisdiction

The regulator, which put Hyperliquid on its investor alert list in June, says the platform's decentralised design means it does not regard it as Singapore-based, leaving one of crypto's largest derivatives venues without a major regulator.

Hyperliquid and MAS Clash Over Singapore’s Regulatory Reach

Hyperliquid Labs has confirmed that it is based in Singapore. Corporate documents reviewed by the FT list Singapore as its registered headquarters. Job postings cite the city-state as its office location. By every paper measure, this is a Singapore company. The Monetary Authority of Singapore disagrees, and that disagreement is