In a strategic move echoing its 2021 action against major crypto exchange, Binance, the Monetary Authority of Singapore (MAS) recently added the non-custodial crypto wallet, imToken, to its Investor Alert List. This decision sent ripples through the crypto domain. Furthermore, it highlights growing regulatory concerns in Singapore’s crypto landscape. The inclusion of crypto-based organizations in the MAS Investor Alert List, suggests a consistent focus on monitoring and regulating various aspects of the cryptocurrency ecosystem. Non-custodial wallets are known for providing users greater control over private keys and digital assets. However, a major player in the domain, imToken, has faced heightened scrutiny.