Myanmar Military Government Proposes Life Imprisonment for Cryptocurrency Fraud

2026/05/17 13:57 (Updated 2026/05/17 18:01)
CoinPost
Written by A.Yamada
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Myanmar Military Government Proposes Life Imprisonment for Cryptocurrency Fraud

Severe Penalties Proposed for Fraud Centers and Cryptocurrency Fraud

The military regime in Myanmar, a Southeast Asian republic, has introduced an 'Anti-Online Fraud Bill' that imposes life imprisonment for cryptocurrency fraud. The bill also includes provisions for the death penalty if forced labor is imposed in fraud centers. Local media reported this on the 14th. In war-torn Myanmar, there are hubs of internet fraud that target users worldwide...

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MAGAZINE

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