Myanmar exiles ousted in a 2021 coup are pressing the Federal Reserve to endorse their bid to use $1 billion in funds frozen by the US to back a digital currency and a plan to establish a new central bank.
It’s a long-shot measure to help the shadow government led by allies of deposed leader Aung San Suu Kyi bolster its support amid a worsening economic and political crisis in the country sparked by last year’s military coup.
- Myanmar: Military junta is now installing cameras with facial recognition technology from Huawei, Hikvision and Dahua, claiming ‘smart city’ move and not protestor identification
- Thailand’s True Digital Group invests $3M in Mediaload digital media firm, operator of news portals Khmerload in Cambodia and Myanmarload in Myanmar
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