{"id":14198,"date":"2022-10-30T13:46:33","date_gmt":"2022-10-30T13:46:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/the-worlds-weakest-currency-kiyosaki-says-greenback-is-toast-irs-crypto-tax-update-and-more-bitcoin-com-news-week-in-review-the-weekly-bitcoin-news\/"},"modified":"2022-10-30T13:46:33","modified_gmt":"2022-10-30T13:46:33","slug":"the-worlds-weakest-currency-kiyosaki-says-greenback-is-toast-irs-crypto-tax-update-and-more-bitcoin-com-news-week-in-review-the-weekly-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/the-worlds-weakest-currency-kiyosaki-says-greenback-is-toast-irs-crypto-tax-update-and-more-bitcoin-com-news-week-in-review-the-weekly-bitcoin-news\/","title":{"rendered":"The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More \u2014 Bitcoin.com News Week in Review \u2013 The Weekly Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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In this week\u2019s hottest stories from Bitcoin.com News: the Ghanaian cedi\u2019s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia\u2019s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing instructions for crypto, and more. <\/strong><\/p>\n

\"The<\/p>\n

Report: Ghanaian Cedi Slides Further Versus the US Dollar to Become World\u2019s Worst-Performing Currency<\/h2>\n

As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country\u2019s 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\u2019s worst-performing currency.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia\u2019s Request to Join BRICS<\/h2>\n

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the U.S. dollar is toast, citing Saudi Arabia\u2019s request to join the BRICS nations that comprise Russia, China, India, Brazil, and South Africa.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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IRS Updates Crypto-Related Instructions for 2022 Tax Filing<\/h2>\n

The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. \u201cFor example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,\u201d the tax agency detailed.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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Nokia Believes the Metaverse Will Replace Smartphones in the Future<\/h2>\n

Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. \u201cOur belief is that this device will be overtaken by a metaverse experience in the second half of the decade.\u201d<\/p>\n

Read More<\/strong><\/a><\/p>\n

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brics<\/a>, cedi<\/a>, crypto taxes<\/a>, depreciation<\/a>, Dollar Decline<\/a>, Ghana<\/a>, irs crypto<\/a>, Metaverse<\/a>, Nokia<\/a>, robert kiyosaki<\/a>, smartphones<\/a>, USD<\/a><\/div>\n<\/div>\n

What are your thoughts on this week\u2019s hottest stories from Bitcoin.com News? Be sure to let us know in the comments section below. <\/strong><\/em><\/p>\n

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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