![India Keeps Restrictive Crypto Tax Rules In 2023 Budget India Keeps Restrictive Crypto Tax Rules In 2023 Budget](https://www.coindesk.com/resizer/0nqZx9Qxw2PEAsOQJb2HE9m6tqk=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/BAWCP2EW7FCJ7PLAKCQUN2HTXM.jpg)
India Keeps Restrictive Crypto Tax Rules In 2023 Budget
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.
![Three Trends For A New Year With New Obstacles Three Trends For A New Year With New Obstacles](https://imageio.forbes.com/specials-images/imageserve/63d92cf74772ea453d9afec2/0x0.jpg?format=jpg&width=1200)
Three Trends For A New Year With New Obstacles
The technology industry is no stranger to uncertainty, and challenges breed opportunity.
![UK Crypto Firms to Get Broad Laws – May Need New Authorization UK Crypto Firms to Get Broad Laws – May Need New Authorization](https://www.coindesk.com/resizer/uh40UVhWwJin_AYV_XWbKyPyotc=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2TCKFH6FKRGZFEXIGQRQP42R3Y.jpg)
UK Crypto Firms to Get Broad Laws – May Need New Authorization
The industry has largely welcomed proposals that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.
![Bean obsessed crypto-weeb community harvested for $2.74m in cryptocurrency & NFTs Bean obsessed crypto-weeb community harvested for $2.74m in cryptocurrency & NFTs](https://cdn.mos.cms.futurecdn.net/EpHzYNAUuzmrYNoUHVKXr6-1200-80.jpg)
Bean obsessed crypto-weeb community harvested for $2.74m in cryptocurrency & NFTs
Web3 anime world Azuki's Twitter got hacked, resulting in some 334,600 followers being exposed to fake mints.
![Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product](https://www.coindesk.com/resizer/_h9dg-SGNz9ARLuDbWvPWh5HFzw=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2HM7BJQKV5HF7JNFQ35QQ56F74.jpg)
Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product
The firm’s on-demand liquidity product has expanded to forty countries.
![From Shoes to Insurance: Startups Latch Onto the AI Hype Cycle From Shoes to Insurance: Startups Latch Onto the AI Hype Cycle](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMn5wNA.wLDA/v0/1200x769.jpg)
From Shoes to Insurance: Startups Latch Onto the AI Hype Cycle
In a brutal climate for tech companies, some try adding “AI” to pitch decks and press releases.
![Elon Musk Wants To Make Twitter A Crypto Payments Platform Elon Musk Wants To Make Twitter A Crypto Payments Platform](https://static1.srcdn.com/wordpress/wp-content/uploads/2023/01/twitter-logo-with-dollar-signs-and-dogecoin.jpg)
Elon Musk Wants To Make Twitter A Crypto Payments Platform
Twitter is reportedly working to introduce a digital payments service in line with Elon Musk's plans to turn the platform into an 'everything app.'
How a Tiny Bank in a Washington Farming Town Got Tangled Up With FTX
FTX executives discussed using Moonstone to offer interest-bearing crypto accounts
13 Best High-interest CDs and Savings Accounts Today: High-yield savings accounts hit 5.03% APY
There are online high-interest savings accounts paying 4.20% APY or more. Our list also has the highest CD, money market, and checking account rates.
![Commissioner: CFTC Needs More Dialogue With Market Participants to Modernize Regulation Commissioner: CFTC Needs More Dialogue With Market Participants to Modernize Regulation](https://www.coindesk.com/resizer/buplSoYpmVAzuAGRdwol5cRtNbU=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3X3YY32FYZHAXKQG53EMCCZPQQ.png)
Commissioner: CFTC Needs More Dialogue With Market Participants to Modernize Regulation
"It’s important for us to know certain facts, information [and] data about the company acquiring a registered market participant” to avoid another FTX debacle, Kristin N. Johnson said on CoinDesk TV.
![Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report](https://www.coindesk.com/resizer/JmdMWl7Mk202zmM6vV1iTyZB5vY=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2A224OOYSBB55BGDNFT3HYFUMI.jpg)
Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report
The exchange had been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals.
![Metaverse Tokens Outperforming Bitcoin in January Metaverse Tokens Outperforming Bitcoin in January](https://www.coindesk.com/resizer/SRI0a7-1kNS5PsKI9zQnKiEv1Do=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TMNRA4KJ7FG4FKNKKLZDU6TVZQ.png)
Metaverse Tokens Outperforming Bitcoin in January
Decentraland’s MANA has surged 152% for the month, while The Sandbox’s SAND is up over 90%.