Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his allegedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki offers his own cryptocurrency advice ahead of what he sees as the “biggest financial crash in history ” .” Also, the US SEC is setting up a dedicated office to review crypto archives, and the Ethiopian government is cracking down on money carriers. All this right below in the latest Bitcoin.com News Week in Review.
Justin Trudeau slams Pierre Poilievre for telling people they can ‘opt out’ inflation by investing in cryptocurrency
Canadian Prime Minister Justin Trudeau has criticized Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people they can “opt out of inflation” by investing in cryptocurrencies. Trudeau claims his conservative rival’s crypto council is not “responsible leadership.”
Robert Kiyosaki urges investors to get into crypto now, before the biggest financial crash in world history
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest financial crash in the history of the world is coming. “Now is the time you need to get into crypto,” he emphasized.
US SEC sets up separate office to review crypto archives
The US Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator emphasized the need to “provide greater and more specialized support” for crypto-assets.
Ethiopian Central Bank Limits Amount of Cash Travelers Can Hold, Sets Conditions on Foreign Exchange
According to the National Bank of Ethiopia’s directive, which took effect on September 5, people traveling in and out of the country in possession of local currency are now subject to new restrictions. Individuals cannot hold local currency whose value exceeds $57.00 or 3,000 Birr. The directive also sets conditions and circumstances under which Ethiopian residents and non-residents may hold and use foreign currency.
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