In brief
- The UK’s Financial Conduct Authority has listed Hyperliquid and Hyper Foundation as unauthorized.
- CME’s chief warned that crypto perps could be a “disaster waiting to happen.”
- Regulators are focused on whether perps markets can withstand sharp turns, Decrypt was told.
Hyperliquid is drawing renewed attention as one of crypto’s largest perpetual futures venues, following a May warning in which the UK’s financial regulator listed Hyperliquid and Hyper Foundation as unauthorized amid broader concerns over crypto perps.
The warning came from the UK’s Financial Conduct Authority, which said in a notice dated May 21 that Hyperliquid, Hyper Foundation, the protocol’s app, and its social channels may be offering or…
