Wallet Services. As part of your METAL X Account, METAL X will provide qualifying users access to a hosted METAL X Wallet(s) for holding Digital Assets(“METAL X Wallet”). A Metal X Wallet will be a custodial wallet, meaning that Metal will have control over the Digital Assets held in the Metal X Wallet and will have the ability and authority, upon a User’s instructions, to access and transfer the Digital Assets held in the Metal X Wallet. In addition, Metal will have the ability to independently take action in accordance with U.S. regulations, including BSA/AML regulations, and block/suspend the digital assets held in a User’s Metal X Wallet. For example, Metal will be authorized to block a withdrawal request by a User if the Company’s blockchain risk analysis monitoring system detects factors indicative of potential fraud, money laundering, or terrorist financing.
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Sources: User Agreement, User Agreement, User Agreement