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Sources: Singapore distances itself from regulating Hyperliquid, citing its "decentralized nature", even as the crypto futures DEX confirms it is based there (Owen Walker/Financial Times)

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In short

### Briefing Singapore has taken a stance distancing itself from regulating Hyperliquid, a decentralized crypto futures exchange, citing the platform's "decentralized nature." Despite this, Hyperliquid confirms it is based in Singapore, indicating the country's continued involvement in the crypto industry. This move reflects Singapore's evolving regulatory approach, moving away from traditional regulatory frameworks towards more decentralized and innovative solutions.

Key points

  • ### Briefing Singapore has taken a stance distancing itself from regulating Hyperliquid,…: ### Briefing Singapore has taken a stance distancing itself from regulating Hyperliquid, a decentralized crypto futures exchange, citing the platform's "decentralized nature." Despite this, Hyperliquid confirms it is based in Singapore, in
  • This move reflects Singapore's evolving regulatory approach, moving away from traditional…: This move reflects Singapore's evolving regulatory approach, moving away from traditional regulatory frameworks towards more decentralized and innovative solutions.

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