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imToken: Currently in communication with MAS to clarify its business model an...

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Post time 16-1-2024 20:59:39 | Show all posts |Read mode
imToken has issued a response regarding its inclusion in the Investor Alert List by the Monetary Authority of Singapore (MAS). The response states: "As imToken is headquartered in Singapore and has not applied for a financial business license in Singapore, the Monetary Authority of Singapore (MAS) has included imToken in the Investor Alert List (IAL).

As a decentralized wallet, imToken differs from centralized custodial services. We are currently actively communicating with MAS to clarify the distinctions in our business model, with the aim of having imToken removed from the Investor Alert List."
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Post time 16-1-2024 21:07:56 | Show all posts
Removal is also an inevitable task.
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Post time 17-1-2024 16:42:35 | Show all posts
It is necessary to pay attention to the list.
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Post time 17-1-2024 20:44:51 | Show all posts
It seems like moving it from the blacklist to the whitelist?
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Post time 17-1-2024 20:51:45 | Show all posts
Getting blacklisted is also troublesome.
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