Singapore Adds Hyperliquid to Regulatory List, Indonesia Certifies Crypto Influencers
In a recent development, Singapore has placed Hyperliquid on its regulatory 'naughty' list, following Bybit's earlier inclusion. Meanwhile, Indonesia introduces a new licensing scheme for social media influencers promoting cryptocurrency.
Singapore's regulatory landscape continues to tighten as Hyperliquid joins Bybit on the 'naughty' list, indicating increased scrutiny of crypto platforms in the region.
This move reflects ongoing efforts by Singaporean authorities to ensure compliance within the digital asset sector, aiming to protect investors and maintain market integrity.
In a related initiative, Indonesia has launched a licensing scheme for social media influencers, known as 'FinFluencers,' who promote cryptocurrency, marking a significant step in regulating the influence of digital marketing in finance.