1inch co-founder Anton Bukov recently brought up issues surrounding the revised tax-related terms of service for the MetaMask cryptocurrency wallet.
The executive took to Twitter to outline a section that discusses the parties’ responsibility around taxes. It includes the identification, payment, and the right to withhold taxes if necessary per the law.
The ConsenSys-provided Terms of Use of MetaMask, which describe the guidelines for using its services, were modified in April 2023.
The terms define user obligations, applicable laws of usage, the services offered, and MetaMask’s right to change the terms or discontinue its offerings at any time.
Bukov was especially intrigued by section 4.3 regarding taxes. This section states that identifying and meeting any tax and other government-imposed obligations is the user’s and MetaMask’s joint responsibility.
The wallet provider also notes any fees payable to MetaMask do not…
