{
 "source": "https://hyperliquids.at/hyperliquid-regulatory-tracker/",
 "license": "CC BY 4.0",
 "entries": [
  {
   "date": "2026-10-15",
   "country": "Argentina",
   "code": "AR",
   "slug": "argentina",
   "regulator": "CNV",
   "scope": "sector",
   "action": "other",
   "summary": "CNV General Resolution 1172/2026 updated PSAV registration, excluding decentralised protocols without human or legal control.",
   "source": "https://www.iproup.com/finanzas/72368-la-cnv-actualiza-registro-de-exchanges-cripto-con-nuevas-reglas-para-operar-en-argentina"
  },
  {
   "date": "2026-09-16",
   "country": "United States",
   "code": "US",
   "slug": "united-states",
   "regulator": "CFTC",
   "scope": "hyperliquid",
   "action": "plan",
   "summary": "Payward announced plans to offer US clients regulated perpetual futures on Hyperliquid via permissioned HIP-3 markets deployed by Bitnomial and cleared by Bitnomial Clearinghouse; it needs regulatory approval and has no launch date.",
   "source": "https://www.financemagnates.com/cryptocurrency/exchange/payward-wants-to-put-us-regulated-perpetual-futures-on-hyperliquid/"
  },
  {
   "date": "2026-09-05",
   "country": "Pakistan",
   "code": "PK",
   "slug": "pakistan",
   "regulator": "PVARA",
   "scope": "sector",
   "action": "other",
   "summary": "The deadline passed for crypto providers serving Pakistanis, derivatives included, to apply for a PVARA No Objection Certificate.",
   "source": "https://decrypt.co/376318/pakistan-sets-september-5-deadline-for-crypto-firms-to-register"
  },
  {
   "date": "2026-08-31",
   "country": "United States",
   "code": "US",
   "slug": "united-states",
   "regulator": "CFTC",
   "scope": "hyperliquid",
   "action": "report",
   "summary": "Bloomberg reported Hyperliquid Labs was in talks with Kraken parent Payward to offer Hyperliquid-linked perps to US users via its CFTC-registered subsidiary Bitnomial, pending CFTC approval.",
   "source": "https://theblock.co/news/markets/2026-08-31-hyperliquid-eyes-us-entry-kraken-parent-payward-perpetual-futures-deal-bloomberg-413129"
  },
  {
   "date": "2026-08-19",
   "country": "United States",
   "code": "US",
   "slug": "united-states",
   "regulator": "White House / CFTC",
   "scope": "hyperliquid",
   "action": "statement",
   "summary": "President Trump said CFTC Chair Michael Selig was working to bring Hyperliquid to the US 'in a fully compliant and legal fashion'; no approval followed as of October 2026.",
   "source": "https://theblock.co/news/regulation/2026-08-19-hype-token-surges-trump-says-cftc-bring-hyperliquid-us-fully-compliant-fashion-412262"
  },
  {
   "date": "2026-07-15",
   "country": "Japan",
   "code": "JP",
   "slug": "japan",
   "regulator": "FSA",
   "scope": "sector",
   "action": "reclassification",
   "summary": "The Diet passed amendments moving crypto into the Financial Instruments and Exchange Act and raising penalties for unregistered operation.",
   "source": "https://www.theblock.co/news/regulation/2026-07-15-japan-passes-key-bill-408361"
  },
  {
   "date": "2026-07-01",
   "country": "EU",
   "code": "EU",
   "slug": "",
   "regulator": "ESMA / national authorities",
   "scope": "sector",
   "action": "other",
   "summary": "MiCA transitional periods ended EU-wide; crypto-asset service providers without MiCA authorisation must stop serving EU clients.",
   "source": "https://blog.amlbot.com/mica-transition-period-ends-july-2026/"
  },
  {
   "date": "2026-06-30",
   "country": "Taiwan",
   "code": "TW",
   "slug": "taiwan",
   "regulator": "FSC",
   "scope": "sector",
   "action": "other",
   "summary": "The Legislative Yuan passed the Virtual Asset Service Act, requiring offshore providers soliciting Taiwanese users to set up locally; crypto derivatives are not yet permitted.",
   "source": "https://www.blockhead.co/2026/07/01/taiwans-legislative-yuan-clears-first-dedicated-crypto-statute-fsc-takes-sole-oversight-role/"
  },
  {
   "date": "2026-06-26",
   "country": "Singapore",
   "code": "SG",
   "slug": "singapore",
   "regulator": "MAS",
   "scope": "hyperliquid",
   "action": "warning",
   "summary": "MAS added Hyperliquid to its Investor Alert List, a consumer warning rather than a ban; Hyperliquid said it never claimed MAS authorisation.",
   "source": "https://cointelegraph.com/news/hyperliquid-singapore-mas-investor-alert-list"
  },
  {
   "date": "2026-06-15",
   "country": "Global",
   "code": "",
   "slug": "",
   "regulator": "Hyperliquid",
   "scope": "hyperliquid",
   "action": "terms-update",
   "summary": "Hyperliquid updated its Terms of Use, restricting the US (including US persons abroad), Ontario and sanctioned territories such as Cuba, Iran, North Korea, Syria, Crimea, Donetsk and Luhansk.",
   "source": "https://www.datawallet.com/fr/crypto/hyperliquid-supported-and-restricted-countries"
  },
  {
   "date": "2026-05-29",
   "country": "United States",
   "code": "US",
   "slug": "united-states",
   "regulator": "CFTC",
   "scope": "sector",
   "action": "approval",
   "summary": "The CFTC approved KalshiEX's BTCPERP contract, a bitcoin perpetual tied to spot price, as a futures contract on a US designated contract market.",
   "source": "https://www.cftc.gov/PressRoom/PressReleases/9240-26"
  },
  {
   "date": "2026-05-29",
   "country": "United States",
   "code": "US",
   "slug": "united-states",
   "regulator": "CFTC",
   "scope": "sector",
   "action": "approval",
   "summary": "CFTC staff confirmed certain crypto perpetuals on Coinbase's affiliated foreign board of trade may be treated as foreign futures, and gave Coinbase Financial Markets no-action relief on posting customer crypto as margin.",
   "source": "https://www.cftc.gov/PressRoom/PressReleases/9241-26"
  },
  {
   "date": "2026-05-21",
   "country": "United Kingdom",
   "code": "GB",
   "slug": "united-kingdom",
   "regulator": "FCA",
   "scope": "hyperliquid",
   "action": "warning",
   "summary": "The FCA added Hyperliquid (hyperfoundation.org, app.hyperliquid.xyz) to its warning list as an unauthorised firm (entry updated 7 June 2026).",
   "source": "https://www.fca.org.uk/news/warnings/hyperliquid-wwwhyperfoundationorg"
  },
  {
   "date": "2026-04-21",
   "country": "Philippines",
   "code": "PH",
   "slug": "philippines",
   "regulator": "SEC Philippines",
   "scope": "sector",
   "action": "warning",
   "summary": "The SEC issued an investor alert naming decentralised perps platforms dYdX, Aevo, gTrade, Pacifica, Orderly, Ostium and Deriv as unregistered; Hyperliquid was not named.",
   "source": "https://cointelegraph.com/news/philippines-sec-warns-dydx-crypto-platforms-investor-alert"
  },
  {
   "date": "2026-04-01",
   "country": "Australia",
   "code": "AU",
   "slug": "australia",
   "regulator": "ASIC",
   "scope": "sector",
   "action": "other",
   "summary": "Parliament passed the Digital Assets Framework bill; digital asset platforms need an AFSL from about 12 months after Royal Assent.",
   "source": "https://www.theblock.co/post/396009/australia-passes-crypto-bill"
  },
  {
   "date": "2026-03-31",
   "country": "United Arab Emirates",
   "code": "AE",
   "slug": "united-arab-emirates",
   "regulator": "VARA",
   "scope": "sector",
   "action": "other",
   "summary": "VARA's Exchange Services Rulebook v2.1 set rules for crypto derivatives at licensed VASPs, capping retail leverage at 5:1 after suitability checks.",
   "source": "https://cointelegraph.com/news/dubai-vara-crypto-derivatives-framework-retail-leverage"
  },
  {
   "date": "2026-02-24",
   "country": "EU",
   "code": "EU",
   "slug": "",
   "regulator": "ESMA",
   "scope": "sector",
   "action": "reclassification",
   "summary": "ESMA said crypto perpetual futures are likely CFDs, so national CFD measures apply: retail leverage at EU firms capped at 2:1 with margin close-out and negative-balance protection.",
   "source": "https://www.regulationtomorrow.com/2026/02/esma-reminds-firms-of-their-obligations-under-cfd-product-intervention-measures-amid-rising-offerings-of-perpetual-futures/"
  },
  {
   "date": "2026-02-11",
   "country": "Hong Kong",
   "code": "HK",
   "slug": "hong-kong",
   "regulator": "SFC",
   "scope": "sector",
   "action": "reclassification",
   "summary": "The SFC let licensed VATPs offer perpetual contracts to professional investors only, with leverage, margin and liquidation controls.",
   "source": "https://www.theblock.co/post/389377/hong-kong-expands-crypto-rules"
  },
  {
   "date": "2025-12",
   "country": "Indonesia",
   "code": "ID",
   "slug": "indonesia",
   "regulator": "OJK",
   "scope": "sector",
   "action": "reclassification",
   "summary": "OJK Regulation 23/2025 allowed crypto derivatives only through OJK-supervised traders and bourses, with knowledge tests and segregated margin.",
   "source": "https://www.abnrlaw.com/news/indonesia-greenlights-crypto-derivatives-a-look-at-the-new-ojk-framework"
  },
  {
   "date": "2025-11-10",
   "country": "Brazil",
   "code": "BR",
   "slug": "brazil",
   "regulator": "BCB",
   "scope": "sector",
   "action": "other",
   "summary": "The Central Bank published VASP licensing rules; providers must file by 30 October 2026 and offshore firms must move onshore within 270 days.",
   "source": "https://decrypt.co/375249/brazils-319b-crypto-market-faces-october-licensing-deadline-certik"
  },
  {
   "date": "2025-10",
   "country": "India",
   "code": "IN",
   "slug": "india",
   "regulator": "FIU-IND",
   "scope": "sector",
   "action": "block",
   "summary": "Access was blocked to 25 more unregistered offshore exchanges, including BitMEX, BingX and Phemex.",
   "source": "https://blockworks.com/news/india-bans-exchange-urls"
  },
  {
   "date": "2025-07",
   "country": "Turkey",
   "code": "TR",
   "slug": "turkey",
   "regulator": "CMB (SPK)",
   "scope": "sector",
   "action": "block",
   "summary": "The CMB blocked 46 websites, including the decentralised exchange PancakeSwap, for unauthorised crypto-asset services.",
   "source": "https://cointelegraph.com/news/turkey-blocks-pancakeswap-crypto-websites"
  },
  {
   "date": "2025-07-28",
   "country": "Australia",
   "code": "AU",
   "slug": "australia",
   "regulator": "ASIC",
   "scope": "sector",
   "action": "warning",
   "summary": "ASIC warned investors that Bitget's crypto futures, with up to 125:1 leverage, were offered without an AFS licence.",
   "source": "https://www.asic.gov.au/about-asic/news-centre/news-items/investor-alert-asic-warns-investors-of-bitget-s-unlicensed-crypto-asset-futures-products"
  },
  {
   "date": "2025-06-30",
   "country": "Singapore",
   "code": "SG",
   "slug": "singapore",
   "regulator": "MAS",
   "scope": "sector",
   "action": "other",
   "summary": "Singapore firms offering digital-token services only to overseas customers had to be licensed under the FSMA or stop operating.",
   "source": "https://cointelegraph.com/news/hyperliquid-singapore-mas-investor-alert-list"
  },
  {
   "date": "2025-06-28",
   "country": "Thailand",
   "code": "TH",
   "slug": "thailand",
   "regulator": "Thai SEC",
   "scope": "sector",
   "action": "block",
   "summary": "The Thai SEC and Digital Economy ministry blocked unlicensed offshore exchanges Bybit, OKX, CoinEx, XT.COM and 1000X.",
   "source": "https://crypto.news/thai-sec-will-block-access-to-bybit-okx-and-other-unlicensed-exchanges-by-june-28/"
  },
  {
   "date": "2025-03",
   "country": "South Korea",
   "code": "KR",
   "slug": "south-korea",
   "regulator": "FSC / KoFIU",
   "scope": "sector",
   "action": "block",
   "summary": "The FIU listed unregistered offshore exchanges and Google Play blocked 17 of them.",
   "source": "https://cointelegraph.com/news/google-play-blocks-17-unregistered-crypto-exchanges-south-korea"
  },
  {
   "date": "2025-02",
   "country": "Japan",
   "code": "JP",
   "slug": "japan",
   "regulator": "FSA",
   "scope": "sector",
   "action": "block",
   "summary": "The FSA asked Apple and Google to remove apps of unregistered exchanges Bybit, MEXC, LBank, KuCoin and Bitget.",
   "source": "https://www.theblock.co/news/regulation/2025-02-07-japan-apple-google-block-crypto-apps-339501"
  },
  {
   "date": "2023-12",
   "country": "India",
   "code": "IN",
   "slug": "india",
   "regulator": "FIU-IND",
   "scope": "sector",
   "action": "block",
   "summary": "FIU-IND sent compliance notices to nine offshore exchanges, including Binance and Kraken, and asked MeitY to block their URLs.",
   "source": "https://www.theblock.co/amp/post/269551/indias-financial-intelligence-unit-issues-compliance-notices-to-offshore-crypto-exchanges-including-binance-kraken"
  },
  {
   "date": "2022-12",
   "country": "Canada",
   "code": "CA",
   "slug": "canada",
   "regulator": "CSA",
   "scope": "sector",
   "action": "ban",
   "summary": "The CSA said crypto trading platforms may not offer margin or leverage to Canadian users and set pre-registration undertaking deadlines, including for foreign platforms.",
   "source": "https://www.canadianlawyermag.com/news/general/canadian-securities-administrators-issues-stricter-crypto-trading-platform-requirements/372454"
  },
  {
   "date": "2021-09",
   "country": "China",
   "code": "CN",
   "slug": "china",
   "regulator": "PBOC",
   "scope": "sector",
   "action": "ban",
   "summary": "A PBOC-led notice declared all virtual-currency business illegal, including services by offshore exchanges to mainland residents.",
   "source": "https://www.fxstreet.com/cryptocurrencies/news/pboc-imposes-ban-on-crypto-trading-as-it-fosters-illegal-financial-activity-202109241123"
  },
  {
   "date": "2021-01-06",
   "country": "United Kingdom",
   "code": "GB",
   "slug": "united-kingdom",
   "regulator": "FCA",
   "scope": "sector",
   "action": "ban",
   "summary": "FCA rules (PS20/10) banning the sale, marketing and distribution of crypto derivatives to retail consumers came into force.",
   "source": "https://www.theblock.co/amp/post/79911/uk-regulator-fca-bans-crypto-derivatives-retail-users"
  },
  {
   "date": "2016-08-18",
   "country": "Belgium",
   "code": "BE",
   "slug": "belgium",
   "regulator": "FSMA",
   "scope": "sector",
   "action": "ban",
   "summary": "An FSMA rule banning distribution of leveraged OTC derivatives such as CFDs to retail clients via electronic platforms came into force.",
   "source": "https://cms.law/en/bel/legal-updates/leveraged-cfd-and-binary-options-banned-from-belgian-market"
  }
 ]
}