It's a Secret: Exclusive Deals Inside

Myanmar Military Government Considers Launching Digital Currency

United States, Texas, Houston
Published 3 years ago
ID #1286
QR CODE
1 photo
Smart Node
Myanmar Military Government Considers Launching Digital Currency
United States, Texas, Houston,
Published 3 years ago

X-Node Details

Myanmar's armed forces, which have been in control of the government since forcibly detaining many elected leaders in 2021, are reportedly planning to launch a digital currency to help the local economy.

According to a Thursday report from Bloomberg, Maj. Gen. Zaw Min Tun said the rollout of a digital currency would "help improve financial activities in Myanmar," but military officials were undecided on whether to work with local companies or launch the token. on your own. Tun, head of the military government's "True News Information Team", acts as a spokesman for the Myanmar military.

The digital currency aims to support payments within Myanmar as well as improve the economy. According to a January 25 report, the World Bank estimated that the country's economy will grow only 1% until September 2022 due to the effects of the pandemic and the overthrow of the civilian government.

Currency Digital 

Digital Government 

Myanmar NFT


Vote
Result 17 votes

 

Contact seller

    micker
    User-Chain-Block
    You must log in or register a new account in order to contact the advertiser.

    Comments

    Question? Need more information? Want to ask question? Add new comment...
    Ask questions related to this listing only.
    Comments are moderated.
    Add new comment
    Smart Node

    Seller's info

    micker
    User-Chain-Block

    X-NODE Location

    United States, Texas, Houston
    Houston Texas Mikael 401