Myanmar Parliament Approves Severe Penalties for Cryptocurrency Scams
Myanmar's Parliament has passed a significant anti-scam bill targeting cryptocurrency fraud, introducing harsh penalties including prison terms of up to life for offenders. This legislative action reflects the government's commitment to combat the increasing prevalence of online scams in the digital currency sector.
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Myanmar crypto scam bill clears parliament
Myanmar’s Parliament approved an anti-scam bill proposing 10-year-to-life terms for crypto fraud, while final enactment details remain pending.
Myanmar Parliament passes crypto scam bill with penalties up to life
Myanmar lawmakers approved an anti-online scam bill whose draft proposes prison terms of 10 years to life for crypto scams and operating scam centers.

