From TokenPost · · 50s
Singapore Regulator Adds Hyperliquid to Investor Alert List
Singapore's financial regulator lists Hyperliquid as unlicensed crypto platform to warn investors.
In brief
Singapore's financial regulator lists Hyperliquid as unlicensed crypto platform to warn investors. Singapore's Monetary Authority of Singapore added Hyperliquid to its Investor Alert List, warning users it is not licensed or regulated by the authority. Originally reported by TokenPost.
Singapore regulator adds Hyperliquid to Investor Alert List
Singapore's financial regulator listed Hyperliquid on June 26 to warn users it may wrongly perceive the platform as licensed or regulated by the authority.
“the monetary authority of singapore listed hyperliquid on june 26, along with the hyper foundation website at hyperfoundation.org and the trading application at app.hyperliquid.xyz/trade”
Hyperliquid says listing does not ban or find wrongdoing
Hyperliquid stated the listing does not constitute a ban, enforcement action or finding of wrongdoing and has never claimed to be licensed by the authority.
“hyperliquid said the listing does not constitute a ban, enforcement action or finding of wrongdoing”
Hyperliquid offers perpetual futures trading
Hyperliquid provides perpetual futures, a type of derivative that allows traders to maintain positions without a fixed expiration date.
“hyperliquid offers perpetual futures, a type of derivative that allows traders to maintain positions without a fixed expiration date”
What it means
Singapore's Monetary Authority of Singapore added Hyperliquid to its Investor Alert List, warning users it is not licensed or regulated by the authority.
