Myanmar parliament passes crypto scam bill with penalties up to life

Myanmar lawmakers approved an anti-online scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers.

Myanmar’s Parliament passed an anti-online scam bill that would impose prison terms of 10 years to life for crypto scams and operating online scam centers.

The Pyidaungsu Hluttaw, Myanmar’s combined Parliament, approved the bill in its entirety on Tuesday after resolving differences between versions previously passed by its two chambers, according to the state-run Global New Light of Myanmar (GNLM). The report did not say whether the bill had received presidential assent or when it would take effect. 

The legislation is Myanmar’s latest attempt to curb a growing cyberscam industry that has turned parts of the country into hubs for online fraud.

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