Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express

CoinTelegraph·

Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express

60-second summary

Singapore's financial regulator, the Monetary Authority of Singapore, warns against unlicensed exchange Hyperliquid, joining Bybit on its "naughty" list. Meanwhile, Indonesia introduces a FinFluencer licence to certify social media influencers promoting cryptocurrency, aiming to regulate the industry and protect investors, potentially boosting investor confidence and driving growth in the region's cryptocurrency market.

Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.