Today news
About the same in other media
Myanmar’s Exiled Government Embraces Tether To Combat Military Regime
Reading now: 914
cryptonews.comMyanmar’s shadow government has recognized tether (USDT) as its official currency - with plans to use the stablecoin to collect funds for a campaign against the country’s military junta.
The National Unity Government (NUG), an entity set up by the supporters of Myanmar’s ousted prime minister Aung San Suu Kyi, is embracing tether following the May decision by the Central Bank of Myanmar which declared cryptocurrencies illegal. Violators are threatened with prison and financial penalties, Bloomberg reported.
Shadow Finance Minister Tin Tun Naing said the opposition group will use the stablecoin for “domestic use to make it easy and speed up the current trade, services and payment systems”.
The politicians who are part of the government in
Read more on cryptonews.comAbout this in other media
Tether lauds Myanmar shadow government for making USDT an official currency cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
