NewsNovo
A cryptocurrency scam conviction in Myanmar could now carry a sentence of life in prison.
Parliament passed an anti-online scam bill whose draft provisions set 10 years as the floor and life imprisonment as the ceiling, covering both the commission of crypto scams and the operation of scam centers.
What the bill targets The bill is framed as an anti-online scam measure broadly, with cryptocurrency fraud as one named offense within it.
The legislation covers two categories of conduct: running crypto scams and operating the centers used to facilitate them. Both fall under the same sentencing range in the draft.
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