Myanmar Approves Death Penalty for Forced Scam Labor, Life for Crypto Fraud

Decrypt Editorial

(11:29 AM UTC)

1 min read

In brief

Myanmar's military-backed parliament passed the Anti-Online Scam Bill on Tuesday, the first law under Min Aung Hlaing's new government.
A draft published in May set a maximum of life imprisonment for running a scam center or committing "digital currency scams."
Scam losses across the wider region reached $88.3 billion to $114.1 billion in 2025, the UNODC estimates.

Myanmar's…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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