News with the tag "budget"

In the fast-paced world of cryptocurrency and global finance, staying ahead of macroeconomic trends is crucial. Recently, the South African Rand has experienced a significant downturn, sending ripples through forex markets and raising concerns among investors. This alarming development is primarily ...

In the ever-turbulent world of cryptocurrency and global finance, keeping an eye on traditional markets and macroeconomic events is just as crucial as tracking Bitcoin’s next halving. Right now, all eyes are on South Africa as the nation braces itself for the much-anticipated budget speech. But amid...

The U.S. Government Accountability Office (GAO) says the federal government made massive payment errors during the 2024 fiscal year. In a new report, the congressional watchdog says the total dollar value of the government’s “improper payments” hit $162 billion. According to the GAO, payment errors ...

India Budget 2025 (February 1): The latest Union Budget revealed by India’s Finance Minister Nirmala Sitharaman has sparked a buzz across the crypto market. Although there were no announcements on the ease of tax policies around cryptocurrencies, the FM suggested that the term “virtual digital asset...

Trump threatens to veto budget or appropriation bills that fail to align with the objectives of the newly established Ministry of Government Efficiency. Read original article on coincu.com

Donald Trump's team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.

The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.

In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold.

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change the Salvadora...

President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlightin...