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imToken cooperated and negotiated with the Monetary Authority of Singapore and was included in the investor warning list!

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2024-01-24 15:24:051036browse

imToken cooperated and negotiated with the Monetary Authority of Singapore and was included in the investor warning list!

According to an announcement from the Monetary Authority of Singapore (MAS), the crypto wallet imToken was included in the Investor Alert List (Investor Alert List) on December 5 last year. IAL).

This is mainly to inform investors that the institutions on the list are not authorized by MAS, nor are they regulated by MAS in any way.

imToken cooperated and negotiated with the Monetary Authority of Singapore and was included in the investor warning list!

imToken responded: Negotiating with MAS to request removal from the list

imToken tweeted that because imToken is headquartered in Singapore and has not applied for a financial license, MAS Only then did imToken be included in the investor warning list.

But as a non-custodial global Web3 wallet, it also serves Singapore users. Unlike the centralized custody business, the wallet is actively communicating with MAS to understand the business differences and strive to be removed from the investor reminder list.

At the end of the article, imToken once again emphasizes the characteristics of its decentralized wallet, and user assets will not be affected in any way.

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