MetaMask to Launch Its Own USD-Pegged Stablecoin | Bullish Shares Surge 84% in $1.1B NYSE Debut, Valuing Crypto Exchange at $9.9B | Google Clarifies Play Store Rules Will Not Ban Non-Custodial Crypto Wallets

MetaMask to Launch Its Own USD-Pegged Stablecoin | Bullish Shares Surge 84% in $1.1B NYSE Debut, Valuing Crypto Exchange at $9.9B | Google Clarifies Play Store Rules Will Not Ban Non-Custodial Crypto Wallets

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key takeaways:

• Unrealized gains from cryptocurrencies produced by enterprises themselves will no longer be taxed, according to the National Tax Agency of Japan.

• For some time, the exclusion of self-issued virtual currencies from market valuation has been considered.

In a move that signals Japan’s commitment to fostering innovation and attracting investment in the digital asset space, the government has announced a groundbreaking tax exemption for token issuers. 

Key takeaways:

• The CTO of the cryptocurrency payment business Ripple, David Schwartz, has refuted rumors that the company repurchased 10 billion XRP units.

• The rumors immediately spread outside of the XRP community once it was published by the news source CryptoAlert. 

In recent days, the cryptocurrency community has been abuzz with speculations surrounding Ripple and a potential buyback of 10 billion XRP toke

Key Takeaways

•  His lawyers warned that publishing exact token amounts could enable malicious actors to identify his wallet addresses using address clustering techniques
• Sun also disputes the accuracy of Bloomberg’s reporting, claiming the article attributes crypto holdings to him that he has never owned or controlled, while omitting assets he does hold. 

In a major development, Justin Sun, founder of the Tron blockchain, has filed a lawsuit against media giant Bloomberg in Delaware federal court, alleging the organisation put out “

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