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Changpeng CZ Zhao, a former Binance CEO, has officially stepped up to support earthquake victims in Myanmar and Thailand by donating 1,000 BNB, which is worth approximately $600,00. This is as a response to Binance Charitys recent initiative aimed at aiding those affected by the devastating earthquake on March 28 CZ $600K BNB Donation for […]
In the wake of a devastating 7.7-magnitude earthquake that struck Myanmar and Thailand on Friday, over 1,700 fatalities have been confirmed and thousands injured across the two nations. The epicenter, located near Mandalay in central Myanmar, caused widespread destruction, including collapsed buildings, damaged infrastructure, and flooding. In Thailand, Bangkok experienced significant tremors, leading to the […]
The post Binance founder Changpeng Zhao ‘CZ’ leads crypto community donations for deadly SEA earthquake appeared first on CryptoSlate.
Changpeng Zhao (CZ), the CEO of Binance, has announced that he will be donating Binance Coin (BNB) to aid in relief efforts for Thailand and Myanmar. This generous donation comes as a response to the ongoing humanitarian crisis in both countries. CZ has a history of using his platform to help those in need, and [...]
The post Zhao Commits BNB for Thailand and Myanmar Disaster Relief: A Generous Pledge appeared first on Crypto Breaking News.
According to Bloomberg, Myanmar’s military is preparing to launch its own digital currency in the area to improve its economic growth. A top spokesman at the State Administration Council said that the country is now assessing how to go ahead with the digital currency launch. The debut of its digital currency will be geared at […]
On January 23, the Myanmar military proposed a bill that would outlaw the use of Virtual Private Networks(VPNs) and cryptocurrencies within its borders, multiple media outlets reported Monday. According to the legislation submitted, VPN users would be subjected to one and three years of imprisonment and a fine of up to 5 million Myanmar kyats. […]
The freedom to access and move one’s money is as important as freedom of speech.
The post How Crypto is Helping Freedom Fighters in Myanmar appeared first on BitPinas.
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. (Read More)
Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and funding. The Spring Development Bank is named after the Spring Revolution, the opposition movement led by Myanmar’s exiled National Unity Government (NUG) against the [...]
The post Myanmar’s shadow government backs launch of crypto-based bank appeared first on Crypto Breaking News.
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce their reliance on the U.S. [...]
The post 10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies appeared first on Crypto Breaking News.
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for [...]
The post India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar appeared first on Crypto Breaking News.
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