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MetaMask has added support for the Bitcoin network, further advancing its multi-chain process.

MetaMask has added support for the Bitcoin network, further advancing its multi-chain process.

BlockBeats News, December 16th. According to The Block report, MetaMask is actively advancing its multi-chain expansion and has now natively supported the Bitcoin network. MetaMask users can now directly purchase Bitcoin with fiat currency, conduct on-chain Bitcoin network transfers, and exchange native EVM assets and SOL for Bitcoin. The latest version of MetaMask will be the first to support native Segregated Witness (SegWit) addresses and is planning to add support for Taproot addresses “soon.”

ConsenSys CEO Joseph Lubin stated in an interview in October that the company is actively progressing with the issuance of the MASK token, but the specific issuance date has not been determined. The announcement stated that users exchanging Bitcoin on MetaMask will receive MetaMask reward points.

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