Canadian Prime Minister Justin Trudeau criticized the new leader of Canada’s Conservative Party for allegedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki issued his own cryptocurrency advice ahead of what he sees as “the biggest recession in history.” He said. Also, the US SEC has established a special office to review the crypto file, and the Ethiopian government is cracking down on cash carriers. All this in the latest Bitcoin.com news review week below.
Justin Trudeau slams Pierre Poilevre for saying he can ‘opt out’ of inflation by investing in cryptocurrencies
Canadian Prime Minister Justin Trudeau has criticized the new leader of Canada’s Conservative Party, Pierre Poyevre, for telling him that investing in cryptocurrencies can “beat inflation”. Trudeau says his Conservative rival’s crypto advice is not “responsible leadership”.
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Robert Kiasaki urges investors to get into crypto, ahead of biggest recession in world history
Robert Kiyosaki, the best-selling author of Rich Dad’s Poor Dad, has urged investors to get into crypto now that the biggest recession in world history is looming. “It’s time to get into crypto,” he emphasized.
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The US SEC has set up an independent office to review Crypto filings.
The US Securities and Exchange Commission (SEC) is establishing an independent office to review crypto-related filings. The securities watchdog stressed the need for “greater and more specific support” for crypto assets.
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The Central Bank of Ethiopia has set foreign exchange conditions by limiting the amount of money travelers can carry
According to the directive of the National Bank of Ethiopia, which came into force on September 5, people entering and leaving the country with local currency are now subject to new restrictions. Individuals cannot carry local currency with a value of more than $57.00 or 3,000 Birr. The directive sets out the conditions under which Ethiopians, both residents and non-residents, can hold and use foreign currency.
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