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Dr. Han, founder of Gate, delivered a keynote speech at the headquarters of the F1 Red Bull Racing team, sharing insights on industry transformation and Gate's strategic layout

On November 9, Gate founder and CEO Dr. Han was invited to the headquarters of the F1 Red Bull Racing team in Milton Keynes, UK, to participate in the "Racing the Future Vol.5" series of events and deliver a keynote speech. During this time, Dr. Han engaged in discussions with F1 Red Bull Racing team CEO and team principal Laurent Mekies, exploring global market expansion, technological innovation, and future cooperation directions.The keynote sharing session was opened by Gate Europe CEO Dr. Giovanni Cunti. Following this, Dr. Han delivered a keynote speech titled "New Rules, New Grid: Be Ready for Crypto's New Era," starting from the changes in F1 regulations to discuss the reshaping of the crypto industry under security risks, tightening regulations, and the rapid development of emerging businesses.In the face of industry changes, Dr. Han shared Gate's three major forward-looking layouts: in terms of security, launching the PoSEC fund security proof to enhance the transparency of fund storage; in terms of compliance, continuously promoting global market layouts, with compliance coverage in 81 jurisdictions; in terms of business, expanding financial services such as Gate Pay and Gate Money to promote the integration of digital assets with traditional finance.As the official sponsor of the F1 Red Bull Racing team and exclusive cryptocurrency trading platform partner, Gate also visited the Red Bull Racing factory to gain an in-depth understanding of its technology research and development and racing engineering system. In the evening, a high-profile networking dinner was held, gathering executives from both sides and invited guests to engage in in-depth discussions on technological innovation, global market expansion, and cross-industry cooperation, further deepening the cooperative relationship between the two parties.Disclaimer: This event is for entertainment and social interaction purposes only and does not constitute any offer, solicitation, or recommendation. UK users are not allowed to use Gate services through Gate.com and can only use services provided by Gate UK. Gate will not promote or provide products or services on Gate.com in restricted areas (including the UK).

first_img Hyperliquid confirmed that its headquarters is located in Singapore, and the MAS stated that it is not within the regulatory jurisdiction

Hyperliquid Labs confirmed to the Financial Times that its registered headquarters is located in Singapore, but the Monetary Authority of Singapore (MAS) stated that due to Hyperliquid's decentralized nature, it does not consider the platform to fall under its regulatory jurisdiction. MAS indicated that it is not aware of Hyperliquid being regulated in any major jurisdiction.Hyperliquid stated that it is currently in an unregulated status, has never claimed to have obtained permission or authorization from MAS, and is willing to engage in constructive cooperation with regulatory authorities. According to FT, a team of about 11 people led by co-founder Jeff Yan has relocated to Singapore in 2024, and company documents along with recent recruitment information also indicate that it has an office in Singapore.Previously, on June 26, MAS had listed Hyperliquid on its investor warning list, which is used to alert the public about entities that may be mistakenly believed to be licensed or regulated by MAS. Hyperliquid responded at that time that being listed does not constitute a ban, enforcement action, or determination of misconduct, and described itself as an unlicensed infrastructure. Singapore will require local companies providing digital token services only to overseas clients to obtain a license starting from June 30, 2025, and MAS stated that such licenses will only be issued in very limited circumstances.
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