**Cryptocurrency News:**
• The Biden administration has released its budget for 2023. Totaling $5.8 trillion with a $1.15 trillion deficit, it features some clues about the administration’s long-term plans for crypto.
• Congressman Stephen Lynch (D-MA) will introduce his Electronic Currency and Secure Hardware, or ECASH, Act. The bill directs the US Treasury to pilot software, hardware, and network tech to run a peer-to-peer retail dollar that aims to resemble cash as much as possible.
• BNB Chain, a Layer 1 blockchain founded by crypto exchange Binance, plans to introduce sidechains to cut costs and increase transaction speed for intense resource applications such as gaming.
• This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab.
• The Government of Maharashtra, one of India’s state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district, as a part of the Digital India campaign.
• Humble Swap is on a mission to make the decentralized finance world safer and accessible to everyone and launches today.
• Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change.
• On March 28, the non-fungible token (NFT) marketplace Blur announced the company had raised $11 million in a seed round led by Paradigm. The NFT marketplace Blur says the startup is focused on building an institutional-grade NFT market that’s made “for pro traders.”
• An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling.

** CoinMarketCap Top 10 Trending Cryptos:**
1. GMT
2. STG
3. PBR
4. APE
7. BNB
8. ZIL
10. LUNA

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