Friday, September 30, 2022
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Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review – The Weekly Bitcoin News

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

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SEC’s Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report

In March, the SEC said all U.S.-listed public companies that function as crypto custodians should account for their crypto exposure as liabilities instead of assets on their balance sheets, and disclose risks associated with those assets to investors. The custody of crypto assets by lenders present unique technological, legal and

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As Ethereum Merge Looms, Michael Saylor Pushes Back Against Bitcoin’s Energy Critics

In Saylor’s telling, it's not so simple. He argued that “dedicated energy” powering these devices will move to “generic computers,” redistributing efficiency that would not limit carbon emissions. Saylor has previously pledged to defend Bitcoin against energy critics as a founding member of the Bitcoin Mining Council. Source

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Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option – Finance Bitcoin News

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months, the monetary authority says it will “actively promote”

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The Philippines pushes back against foreign exchanges, continuing a protectionist streak

The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warning to the citizens, discouraging them from engaging in any operations with unregistered or foreign crypto exchanges. The announcement

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EthereumPoW team plans to freeze selected contracts, community pushes back

Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem.The terminal total difficulty has been set to 58750000000000000000000.This means the ethereum PoW network now has a

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