spot_img

MetaMask blocks Ethereum transactions in several jurisdictions citing compliance issues


Symbiosis

MetaMask has blocked users from certain jurisdictions from accessing its services and interacting with Ethereum.

Users from Venezuela and Iran have begun reporting problems with accessing their digital wallets earlier today, with hundreds of users saying none of their transactions sent through MetaMask were realized.

First instances of bans were noticed on OpenSea, which reportedly locked and deactivated users of several Iranian users. Users from Venezuela began reporting problems with accessing their own MetaMask wallets soon after, with thousands of messages about the issue popping up on social media.

MetaMask briefly addressed the issue on its support page, saying that MetaMask and Infura will be unavailable in certain jurisdictions due to legal compliance. When attempting to use MetaMask in one of those regions, users will receive a message stating that MetaMask is unable to connect to the blockchain host.

While users are able to see their MetaMask balances and transaction histories, any attempt to interact with the Ethereum network is blocked. This means that the ban stems from Infura, the Ethereum API infrastructure developed by ConsenSys.

MetaMask’s ban has caused outrage in the crypto community, leaving many disappointed in its lack of decentralization and liberal use of censorship.

The ongoing incident has also sparked an industry-wide debate about the importance of using secure VPNs when interacting with cryptocurrencies and the need for viable alternatives to MetaMask.

Neither MetaMask nor ConsenSys has officially commented on the issue.

CryptoSlate Newsletter

Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.

Get an edge on the cryptoasset market

Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits





Source link

Related Post

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

947FansLike
0FollowersFollow
7FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Post