Myanmar's anti-junta govt recognises Tether as its 'official' currency

A parallel government led by the supporters of Myanmar’s ousted leader Aung San Suu Kyi recognised Tether as an official currency for local use after the group began fundraising for a campaign that seeks to topple the military regime. 

The National Unity Government officially accepts Tether, a cryptocurrency meant to be a dollar proxy, for “domestic use to make it easy and speed up the current trade, services and payment systems,” NUG Finance Minister Tin Tun Naing said Sunday in a Facebook post.

No other details were given. Unlike Bitcoin or Ethereum, where daily price swings are typical, each Tether is supposed