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Myanmar’s military government proposes life in prison for crypto scammers

The text of Myanmar’s Anti-Online Fraud Bill said that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Myanmar’s military government proposes life in prison for crypto scammers

The text of Myanmar’s Anti-Online Fraud Bill said that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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