Regulatory scrutiny is intensifying across Asia as financial watchdogs move to curb unlicensed activity. The Monetary Authority of Singapore (MAS) has officially added the decentralized exchange Hyperliquid to its Investor Alert List, cautioning users about the platform's lack of authorization within the nation.
This move follows a similar action taken against Bybit, signaling a broader crackdown by Singaporean authorities against platforms operating without proper local oversight. Investors are being urged to exercise extreme caution when engaging with entities that have not secured a formal regulatory green light.
Meanwhile, in Indonesia, the regulatory approach is shifting toward the individuals driving market sentiment. The government is introducing a new mandatory certification scheme for social media influencers who promote crypto assets, aiming to mitigate the risks of misinformation and pump-and-dump schemes.
By professionalizing the role of financial influencers, Jakarta hopes to protect retail investors from predatory marketing. These dual developments underscore a regional trend of maturing crypto governance as Asian nations prioritize consumer protection over speculative growth.
