Myanmar’s shadow government uses tether amid anti-junta campaign

Myanmar

YANGON, Dec 13 (Bloomberg): A parallel government led by the supporters of Myanmar’s ousted leader Aung San Suu Kyi recognized Tether as an official currency for local use after the group began fundraising for a campaign that seeks to topple the military regime.

The National Unity Government officially accepts Tether, a cryptocurrency meant to be a dollar proxy, for "domestic use to make it easy and speed up the current trade, services and payment systems,” NUG Finance Minister Tin Tun Naing said Sunday in a Facebook post. No other details were given.