Myanmar’s Military Government Proposes Life in Prison for Crypto Scammers

Cointelegraph Staff

(05:08 PM UTC)

1 min read

The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers.

According to the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the Pyidaungsu Hluttaw, proposed the law in response to online fraud in the country, which it said challenged its “sovereignty and…

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Cointelegraph Staff · Cointelegraph

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