Hyperliquid's Headquarters in Singapore, Yet Possibly Outside MAS Jurisdiction: FT Report

The Financial Times (FT) reported on the 7th that the Monetary Authority of Singapore (MAS) does not consider the decentralized exchange (DEX) Hyperliquid as a business entity based in the country, thus placing it outside its regulatory jurisdiction. This information was conveyed by sources familiar with MAS's perspective.

According to these sources, MAS views the platform's decentralized nature as a key factor in its jurisdictional assessment...