Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash in history.” Also, the U.S. SEC is setting up a dedicated office to review crypto filings, and the Ethiopian government is cracking down on cash carriers. You can find all this information in the Bitcoin.com News Week in Review.
Justin Trudeau Slams Pierre Poilievre for Telling People They Can ‘Opt out’ of Inflation by Investing in Cryptocurrency
Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people that they can “opt out of inflation” by investing in cryptocurrencies. Trudeau claims that his Conservative rival’s crypto advice is not “responsible leadership.”
Robert Kiyosaki Appeals to Investors To Get into Crypto Now Before the Biggest Economic Crash In World History
Robert Kiyosaki (the famous author Rich Dad Poor Dad), has encouraged investors to start investing in cryptocurrency. His prediction of the worst economic crisis is imminent. “Now is the time you need to get into crypto,” he stressed.
US SEC Creates Dedicated Office To Review Crypto Files
U.S. Securities and Exchange Commission is establishing a new office that will review filings related to crypto. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets.
Ethiopian Central Bank Restricted Cash Travelers Can Keep, and Sets Foreign Currency Conditions
According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. The maximum value of local currency that an individual can own is $57.00, or 3,000 Birr. This directive contains conditions that Ethiopian citizens and residents can possess foreign currency and allow them to use it.
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