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US Treasury sanctions Myanmar militia group for alleged crypto scams
5.5.2025
The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating...
US Treasury sanctions Myanmar militia group for alleged crypto scams
5.5.2025
The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating...
Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake
3.4.2025
Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity efforts.Zhao donated 1,000 BNB (BNB) tokens...
Binance Airdrops $1.5M in Crypto to Quake-Hit Thailand and Myanmar
1.4.2025
Binance Charity will airdrop up to $1.5 million in crypto to verified users in quake-hit Myanmar and Thailand, showcasing blockchain’s power in disaster relief. Binance Charity Airdrops $1.5M in Crypto to Quake Zones in Thailand, Myanmar Crypto exchange Binance announced on March 31 that...
Zhao pledges BNB for Thailand, Myanmar disaster relief
28.3.2025
Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party...
Zhao pledges BNB for Thailand, Myanmar disaster relief
28.3.2025
Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party...
Zhao pledges BNB for Thailand, Myanmar disaster relief
28.3.2025
Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party...
Dedollarization Advances: Russia and Myanmar Discuss National Currency Payment System
15.1.2025
Efforts to trade using national currencies are intensifying, as nations aim to reduce reliance on the U.S. dollar and Western financial systems while boosting economic independence. Russia’s Plans for National Currency Payment Systems Signal Declining Dollar Use Countries worldwide...
$100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On?
25.2.2024
Chainalysis has unveiled a new case of fraud involving a single company operating from a compound in Myanmar, which swindled a sum of over $100 million from victims in less than two years.
The post $100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On? appeared first...
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...
Crypto-Based Bank Receives Support from Myanmar's Shadow Government
21.7.2023
Myanmar is all set to launch its first fully crypto-based banking institution, the Spring Development Bank, on July 22.
The Spring Development Bank, named after the Spring Revolution, aims to grant the country’s shadow government National Unity Government (NUG) access to financial services...
Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
20.7.2023
The National Unity Government bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins
Myanmar’s shadow government backs launch of crypto-based bank
20.7.2023
The Spring Development Bank is Myanmar’s first financial institution to run entirely on crypto and blockchain
9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
25.5.2023
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage. In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
14.5.2023
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...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
3.4.2023
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...
Exiled Myanmar democratic leaders want to issue CBDC to fund the revolution
6.9.2022
The National Unity Government is considering using the country’s frozen reserves as a backing for the digital currency
Myanmar’s military government considers launching digital currency: report
4.2.2022
Major General Zaw Min Tun of the country's military forces said rolling out a digital currency would "help improve financial activities in Myanmar."
Myanmar Military Government Proposes to Jail Digital Currency and VPN Users
25.1.2022
Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders will be made to pay fines of up to $2,800. Draft Bill Open for Comments Myanmar’s...
Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News
24.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News