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Myanmar's Tough Stance on Crypto Scams

Myanmar's Tough Stance on Crypto Scams

Published 1 week, 4 days ago
Description

Myanmars military government unveils a new Anti-Online Fraud Bill, imposing severe penalties for crypto scammers, including life imprisonment and the death penalty for extreme cases. The bill targets scam centers and aims to dismantle Southeast Asias scam hubs, with global efforts intensifying against crypto fraud. Myanmars parliament is set to vote on the bill, signaling a larger crackdown amidst international pressure.

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