Singapore MAS Flags Hyperliquid as Unlicensed Entity
The Monetary Authority of Singapore added the Hyperliquid website to a list of services that could be mistakenly perceived as licensed. Hyperliquid clarified it is a public infrastructure and has never claimed MAS authorization.
Singapore's Monetary Authority of Singapore (MAS) has added the website of perpetual DEX Hyperliquid to its Investor Alert List, which comprises services that may be mistakenly perceived as licensed or authorized by the regulator.
Hyperliquid responded, stating that the inclusion does not constitute a ban or enforcement action. The platform emphasized that it is a public infrastructure, has never held or claimed a license from MAS, and should not be regarded as such.
Source: ForkLog