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Regulation & Legal Unverified First seen

Hyperliquid Confirms Singapore Base but Says It Has No MAS License

The Defiant reports that Hyperliquid has confirmed a Singapore base while stating it holds no MAS license, and that the FT reports people familiar with MAS's thinking consider the venue outside its jurisdiction.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 52/100. How labels work

What the sources claim

  1. Hyperliquid confirmed it is based in Singapore but stated it does not hold a MAS license.

    “Hyperliquid Confirms Singapore Base but Says It Has No MAS License”
    The Defiant
  2. The FT reports that people familiar with MAS's thinking consider the decentralized venue outside its jurisdiction.

    “people familiar with MAS's thinking consider the decentralized venue outside its jurisdiction”
    The Defiant
  3. Singapore's rules distinguish crypto derivatives on approved exchanges from those offered elsewhere.

    “Singapore's rules distinguish crypto derivatives on approved exchanges from those offered elsewhere”
    The Defiant

Sources

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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-07 16:50 UTC. Labels are computed from the sources, not by the model.