In this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing instructions for crypto, and more.
Report: Ghanaian Cedi Slides Further Versus the US Dollar to Become World’s Worst-Performing Currency
As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country’s currency, the cedi, continued its slide versus the dollar after the exchange rate slipped to just under C15:$1. Following this latest plunge, the cedi has now depreciated by more than 55% in 2022 and this makes it the world’s worst-performing currency.
Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia’s Request to Join BRICS
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the U.S. dollar is toast, citing Saudi Arabia’s request to join the BRICS nations that comprise Russia, China, India, Brazil, and South Africa.
IRS updates crypto-related instructions for tax filing 2022
The Internal Revenue Service (IRS), has amended the crypto section of its draft instructions 2022 for the tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed.
Nokia Thinks The Metaverse Will Replace Smartphones In the Future
Nokia is one of the original companies to produce a mobile phone system that was consumer-grade. “Our belief is that this device will be overtaken by a metaverse experience in the second half of the decade.”
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