MAS Strikes Again: imToken Wallet Joins Binance on Warning List

• Singapore MAS lists non-custodial wallet imToken on its Investors Alert list.
• Entities listed on the alert list lack operational authorization from MAS.
• Binance exited Singapore for Dubai after MAS similarly flagged its service in 2021.

The Monetary Authority of Singapore (MAS), the central bank in the country, has added the popular crypto wallet imToken to its warning list, cautioning crypto enthusiasts about engaging with the crypto non-custodial service.

Hong Kong-based Chinese reporter Colin Wu called public attention to this development in a recent post on X. According to the image attached to the reporter’s post, IMTOKEN PTE. LTD was listed on MAS’s “Investor Alert” list on December 5, 2023. 

Per the disclosure, MAS included imToken in the alert list to clarify the regulatory status of the non-custodial wallet to Singapor…

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