ConsenSys Clarifies Rumors on MetaMask Tax Terms

ConsenSys, the blockchain technology firm behind the widely used crypto wallet MetaMask, has addressed recent rumors claiming that it collects taxes from cryptocurrency users. The company took to Twitter on May 22 to clarify that the rumors were based on a misinterpretation of MetaMask’s terms of service, asserting that MetaMask does not collect taxes on crypto transactions and that no changes have been made to the terms of service to enable such collection.