⚖️Hyperliquid’s Singapore Registration Puts Regulatory Oversight in the Spotlight Hyperliquid Labs has confirmed that its registered headquarters are in Singapore, yet the Monetary Authority of Singapore (MAS) has indicated that the decentralized trading platform does not fall under its regulatory remit. According to the Financial Times, MAS was unaware of Hyperliquid being regulated in any major jurisdiction. The company has also acknowledged that it is currently unregulated and has never claimed to hold a license or authorization from MAS. 📌Added to Singapore’s Investor Alert List in June, Hyperliquid maintains that the listing was not a ban, enforcement action, or determination of wrongdoing. The situation highlights an important distinction in the crypto industry: having a registered corporate presence in a jurisdiction does not mean a platform is licensed or approved by its financial regulator. As decentralized derivatives platforms continue to grow, questions around regulatory accountability and which authorities oversee their operations remain central to the industry's evolution. 🔈🔈