How to Rename the Recycle Bin

You can change the name of the Recycle Bin desktop icon by editing Registry key as the following steps:
1. Click Start, and then click Run.
2. Type Regedit in the box, and the click OK.
3. Go to HKEY_CLASSES_ROOT/CLSID/{645FF040-5081-101B-9F08-00AA002F954E}
4. Changing the name "Recycle Bin" to whatever you want (don't type any quotes).
5. Exit and refresh the desktop.

To Remove Recycle Bin Icon From Desktop

You can remove the Recycle Bin Icon from Desktop by editing a Registry key as the following steps:
1. Click Start, and then click Run.
2. Type Regedit in the box, and then click OK.
3. Navigate to HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion
\Explorer\Desktop\NameSpace
4. Find the Key name {645FF040-5081-101B-9F08-00AA002F954E} and then edit it to {-645FF040-5081-101B-9F08-00AA002F954E}
5. Exit and refresh the desktop.Now you have removed it from your desktop.

Note: To show the Recycle Bin Icon on Desktop, you just edit it to its original key {645FF040-5081-101B-9F08-00AA002F954E} and then exit and refresh the desktop.You will get your Recycle Bin Icon on your Desktop.