Finance Minister Nirmala Sitharaman is set to move the Finance Bill 2022-23, which proposed crypto taxation under Section 115 BBH (Read more about it here), in Lok Sabha for consideration today.
Meanwhile, PUBG’s publisher Krafton Games has reportedly partnered up with Solana (SOL) Labs for an upcoming blockchain-based project. According to a press release, this partnership is expected to bring NFT and other crypto blockchain gaming based services to PUBG.
The global crypto market cap increased by 1.58 per cent to $1.95 trillion at 8.32 am. The global crypto volume too increased by 2.02 per cent to $98.44 billion, as per Coinmarketcap data.
“Bitcoin and Ether are trading sideways, however other major cryptocurrencies seem to be continuing the largely bullish trend. Currently, buyers remain active on pullbacks, thus maintaining the support levels intact,” says Gaurav Dahake, CEO and founder, Bitbns.
Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3 space.#Solana #PUBG #Metaverse #NFTs pic.twitter.com/lzVpYmc1Bs
— Solana (@Solana_SOL1) March 23, 2022
Cryptocurrency Prices
Bitcoin (BTC), the world’s oldest cryptocurrency, was trading at $42,908.01, higher by 1.28 per cent in the last 24 hours.
Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, was also trading higher by 1.23 per cent at $3,022.81.
Among other major coins, Cardano (ADA) was up by a massive 13.15 per cent at $1.11, Algorand (ALGO) by 1.5 per cent at $0.8311, Binance Coin (BNB) by 1.29 per cent at $409.40, Solana (SOL) rose 4.44 per cent at $94.92, and Polkadot (DOT) was also trading higher by 2.2 per cent at $21.
Today’s top gainer was ARC (ARC), which was up by 328.75 per cent at $0.0432. The top loser was Metakings (MTK), which…

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