cdtv

India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector in 2022. Now the world's largest democracy is keeping its restrictive crypto tax rules unchanged in 2023 as Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets, blockchain or central bank digital currencies (digital rupee) while unveiling the nation’s budget. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses how this could impact crypto adoption and trading volumes in the country.

Feb 1, 2023

Ethereum developers plan to launch the "Zhejiang" testnet for simulating ETH withdrawals that are included in the protocol's next big upgrade. Robert Ellison, Allnodes Chief Growth Officer, explains the optimism around how this upgrade could remove one of the biggest barriers to staking ETH.

Feb 1, 2023

Ethereum developers will open a new test network today called "Zhejiang," where users can simulate staked ether withdrawals included in the protocol’s next big upgrade, also known as the Shanghai hard fork. Allnodes Chief Growth Officer Robert Ellison shares insights into Zhejiang, its significance to the Ethereum community, and what to expect from the Shanghai update.

Feb 1, 2023

London-based company Metaphysic is developing AI for hyperreal virtual experiences in the metaverse. Co-Founder Tom Graham addresses the ethical dilemma around using deepfake technology and how blockchain could potentially create digital identity rights.

Feb 1, 2023

The CoinDesk Market Index gained 37% in January, with the Culture and Entertainment sector standing out, gaining 79.6% in the month. CoinDesk Indices Managing Director Jodie Gunzberg explains what is accelerating this rally.

Feb 1, 2023

Host Joel Flynn takes a deep dive into whether crypto could see a boost from Islamic finance. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Feb 1, 2023

Metaphysic, the London-based tech firm is partnering with Creative Artists Agency to develop generative artificial intelligence (AI) tools and services, while working with Miramax to develop hyperreal content for the upcoming feature film "Here." Metaphysic co-founder Tom Graham shares insights into the impact of AI on the media industry, the importance of responsible AI, and the future of hyperreal technology in the metaverse.

Feb 1, 2023

CoinDesk Indices Managing Director Jodie Gunzberg joins "First Mover" to discuss how crypto made a comeback last month, despite the challenging environment for digital assets in 2022. The CoinDesk Market Index (CMI) gained 37.0%, with all six sectors up for the month. Culture and Entertainment (CNE) gained the most for the month, up nearly 80%, which was more than double the gain of Currency (CCY), up 36%.

Feb 1, 2023

In September, an independent examiner was asked by a bankruptcy court to offer an outside view of what is happening at crypto lender Celsius. The report has now been published detailing the firm’s operations in the run-up to bankruptcy being declared in July. 507 Capital Managing Partner Thomas Braziel discusses the report and what to expect from Celsius’ future bankruptcy proceedings.

Jan 31, 2023

Tactive Wealth Advisor Eddy Gifford discusses bitcoin's (BTC) price action as traders await another key decision from the U.S. Federal Reserve on interest rates. Plus, his outlook on the largest cryptocurrency by market capitalization and key resistance level.

Jan 31, 2023