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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency

Myanmar’s shadow political entity, the National Unity Government (NUG), has reportedly adopted the Tether (USDT) stablecoin as its primary currency to bypass the sanction from the military regime.

by Godfrey Benjamin
Dec 14, 2021

cryptocurrency

Myanmar says Cryptocurrencies are Banned, but Local Users Disagree

Even though the Myanmar government said earlier this month that Bitcoin and other cryptocurrencies are not legal tenders in the country, fanatics continue to interact with the technology.

by Shaurya Malwa
May 23, 2020

CRYPTOCURRENCY

Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency

Myanmar says Cryptocurrencies are Banned, but Local Users Disagree

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