Status : Research
Myanmar’s military government is currently working on the development of a Central Bank Digital Currency (CBDC) with the aim of supporting domestic payments and revitalizing the country’s economy. The CBDC’s status is still undecided, and further research and analysis are being conducted to determine its potential use cases and architectural framework. The government is also in the process of evaluating different technology options and partnerships to ensure the successful implementation of the CBDC. Additionally, there are ongoing discussions about potential cross-border projects and the timeline for the launch of the digital currency.
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