- The company has given an official response on the scandalous item
- In short, MetaMask users are not threatened
Last week there was an uproar on the networks about the updated rules of ConsenSys (MetaMask owner).
There is a clause stating that the company reserves the right to collect state taxes and fees. Many saw this as a threat to MetaMask users. And even wrote that “decentralization is dying.”
To make things clear, ConsenSys has published a detailed explanation. We start with the most important thing:
https://help.twitter.com/en/twitter-for-websites-ads-info-and-privacy
As for the disputed point, it applies to individual ConsenSys products that involve paying taxes.
For example, the Infura service has credit card development customers. By law, they must consider payment taxes when implementing their product.
“The terms mentioned are not new. They apply to our products, which are subject to sales tax.”
ConsenSys pointed out that sometimes the legal terminology is complicated, hence the confusion. But MetaMask and any of the company’s other products do not involve paying taxes.
The other day MetaMask added the ability to buy ETH through PayPal. But so far only in the US.