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UK FCA flags Hyperliquid for unauthorized financial services amid rising crypto perpetual futures scrutiny

Market News
05 Jun 2026
Crypto news
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Neutral
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The UK Financial Conduct Authority (FCA) has warned that Hyperliquid and its related entities may be offering financial services without proper authorization in the UK, urging consumers to avoid the platform. This comes as crypto perpetual futures, which have no expiration and use funding payments to align prices, gain regulatory attention worldwide. While some traditional exchange leaders express concerns about risks and leverage in these products, others like ICE's CEO are exploring how to integrate similar offerings into regulated markets. Meanwhile, U.S. regulators have recently approved regulated crypto perpetual futures, prompting major firms like Coinbase and Kraken to expand their offerings, highlighting the growing mainstream interest and regulatory focus on this market segment.

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