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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid tightening crypto regulation in Asia, Singapore has added Hyperliquid to its regulatory warning list, weeks after a similar warning for Bybit, according to reports. The move is part of the Monetary Authority of Singapore's push against unlicensed platforms offering trading services to residents. Meanwhile, Indonesia has launched a new licensing scheme for social media influencers promoting cryptocurrencies, aiming to regulate digital promotions and protect investors.
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Sign InThese steps reflect a rising trend in crypto regulation across the Asia-Pacific region, as authorities seek to establish clear frameworks. Singapore had previously added Bybit to its warning list, signaling increasing scrutiny of platforms that lack local licensing. In Indonesia, the new licence follows growing concerns about unlicensed influencers offering irresponsible advice to followers.
Traders are watching whether other countries in the region will follow suit and whether platforms like Hyperliquid will adjust their operations to meet regulatory requirements. With no clear signs of policy shifts in the near term, the focus remains on how these measures impact trading volumes and investor confidence in Asian crypto markets.