Budget


Policy

El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025

Bukele spoke during the commemoration of 203 years of El Salvador independence.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

Policy

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

The budget is the first since Prime Minister Narendra Modi was elected for a third straight term.

Indian President Droupadi Murmu (fourth from right), Finance Minister Nirmala Sitharaman (third from right), Minister of State for Finance Pankaj Chaudhary (fifth from right) before the budget presentation. (DD News)

Policy

India Unlikely to See Crypto Tax Reduction in Tuesday's Budget

An unexpected election result and last week's $230 million hack of crypto exchange WazirX appear to have dented any hopes of a reduction in the tax.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Finance

DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget

The crypto insurance protocol is anticipating growth stemming from a recent partnership.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Policy

Has COVID-19 Made Biden’s Big Spending the New Normal?

The pandemic has made Americans increasingly open to getting help from the government. The Biden budget aims to make the most of those feelings.

U.S. President Joe Biden

Policy

Biden's 2022 Budget Includes New Crypto Reporting Proposals

Proposed cryptocurrency regulations are in the first budget released by Joe Biden's White House.

U.S. President Joe Biden speaks at Sportrock Climbing Center during an event in Alexandria, Virginia, U.S., on Friday, May 28, 2021.

Markets

Trump's 2021 Budget Proposal Seeks to Optimize Crypto Policing

U.S. President Donald Trump's proposed 2021 budget would shift the U.S. Secret Service from the Department of Homeland Security back to the Treasury Department, creating "new efficiencies" in investigations including crypto.

Donald Trump (Joseph Sohm/Shutterstock)

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