Britain’s Financial Conduct Authority (FCA) added Hyperliquid and the Hyper Foundation to its warning list as Hyperliquid said its real-world asset open interest hit a record $3 billion.
According to NS3.AI, the FCA said the firm may be providing or promoting financial services in the UK without authorization.
The report also said CME Group and Intercontinental Exchange raised concerns with the U.S. Commodity Futures Trading Commission (CFTC) about Hyperliquid’s perpetual futures marketplace.
Hyperliquid remains outside the approved U.S. framework and blocks U.S. residents from direct access.