Myanmar's military government

Myanmar's military government has proposed a bill that imposes harsh penalties for crypto scammers, including prison terms ranging from 10 years to life imprisonment. The bill also mentions a possible death penalty for digital currency fraud. This move aims to combat online fraud in the country.

Myanmar's military government faced rejection in peace talks, following Min Aung Hlaing's election as president after a disputed election. The election was widely criticized as illegitimate.