Today news
About the same in other media
Tether lauds Myanmar shadow government for making USDT an official currency
Reading now: 268
Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.
Myanmar’s NUG is a shadow government run by the supporters of Nobel Peace Prize winner Aung San Suu Kyi. As Cointelegraph reported on December 13, NUG announced Tether’s USDT as official currency for local use in an official Facebook post. The finance minister claimed that USDT would offer much needed trade and transaction efficiency.
In an official blog post, Tether commended the decision taken by the NUG, a government that is recognized by the European Union and has received commendations from the United States:
Related: Two firms account for the majority of
Read more on cointelegraph.comAbout this in other media
Law Decoded: Making sense of mixed signals, Dec. 13–20 cointelegraph.com /2 years ago
Former Acting Comptroller of the Currency joins Voyager Digital's board cointelegraph.com /2 years ago
US Treasury official beckons new stablecoin regulations cointelegraph.com /2 years ago
Show more
The website finance-news.co. 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.
