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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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