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June 24 2023. (Saturday)

June 24, 2023
in Junta Diary
Reading Time:1 min read
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When the United States sanctioned 2 banks under the Terrorist Military Council, there are reports that NUG is going to open a new digital bank soon. It is known that the bank will be opened under the name of Spring Development Bank (SDB). As the Spring Development Bank (SDB), Myanmar Kyat, Thai Baht The service will start with 4 currencies, Singapore dollar and US dollar.

NUG has designated the bank as an interim central bank and has appointed Australian economist Mr. Shaw Tanel as a special advisor. This is a big step for NUG to take another step in the financial sector after NUG pay. If that bank were to actually materialize, it would be a lot easier for the financial flow of the revolution, so they predicted that the situation would move to the next step quickly.

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