📣 imToken Crypto Wallet Contests MAS's Decision
posted 9 Jan 2024
The cryptocurrency wallet imToken's team has released a statement responding to the Singapore Monetary Authority’s (MAS) decision to place the company on its Investor Alert List (IAL). This list is designed to warn potential investors about companies that may be problematic or suspicious.
The developers believe this situation arose due to their Singapore-based headquarters and a technical misunderstanding by the authorities. Consequently, they have initiated a process of negotiation to clarify the circumstances and address the issue, as it hinders their investment operations within the country.
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