A New Myanmar Needs a New (Crypto) Currency

A New Myanmar Needs a New (Crypto) Currency

Early efforts by Myanmar’s opposition National Unity Government (NUG) to issue a U.S. dollar-backed cryptocurrency have failed. They should try again, and harder: economic independence would further speed the momentum of resistance forces’ recent victories and free the Myanmar people from the military junta’s authoritarian grip. As things stand, the Central Bank of Myanmar (CBM) … Read more