Crypto Chat: Governments across the globe are taking a stance on digital currencies, some banning & others adopting. Are there any case studies we might’ve missed?
*Recorded January 21, 2022
Will McEvoy provides insight on a recent development in Myanmar following the 2021 Chinese-backed coup. The new government has since de-dollarized the country’s economy, implementing a yuan-based system. In response, the resistance government has adopted a USD stablecoin ($USD) as its official currency and chief means of transacting with the global economy.
This development is bringing questions to the surface as many countries are debating their collective stance on digital currencies - both fiat and asset-backed like Bitcoin ($BTC).
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