Myanmar Passes Bill Targeting Crypto Scams With Life Sentences

Myanmar’s Parliament passed an anti-online scam bill whose draft proposed prison terms of 10 years to life for crypto scams and scam center operators.

Myanmar Passes Bill Targeting Crypto Scams With Life Sentences

DOGE

$0.07071

0.53%

TRX

$0.3249

0.05%

LINK

$8.43

0.85%

ZEC

$465.45

2.22%

ADA

$0.1617

4.11%

XRP

$1.06

0.30%

ETH

$1,920.86

1.77%

BTC

$63,914.60

0.33%

XMR

$340.74

1.61%

BNB

$570.74

0.88%

XLM

$0.1738

1.27%

SOL

$73.75

0.39%

HYPE

$55.14

1.50%

Written by

Ezra Reguerra

staff writer

Reviewed by

Yohan Yun

staff editor

Written by

Ezra Reguerra

staff writer

Reviewed by

Yohan Yun

staff editor

Myanmar parliament passes crypto scam bill with penalties up to life

Latest News

Published

Jul 28, 2026

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.

A draft of the bill

was published in May

, prohibiting crypto scams and imposing penalties ranging from 10 years to life imprisonment. It also allows sentences of 10 years to life or capital punishment for violence, torture, unlawful arrest or detention used to force people into online scams, with the death penalty required when the conduct causes death.

According

to a Strait Times report citing the Agence France-Presse, Lower House MP Aye Chan said that the final version retained the death-penalty provision and that there were no significant changes to the draft’s important provisions.

The final amended text was not immediately available, meaning the precise wording of the crypto-related penalties could not be independently confirmed.

Related:

Interpol operation exposes $122M crypto wallet tied to romance scam laundering

Subscribe to daily byte-sized crypto news from Cointelegraph

Subscribe

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s

Editorial Policy

and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Asia

Law

Scams

Regulation

More on the subject

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

13 hours ago

Helen Partz

News Brief

Binance co-founder CZ backs crypto license passporting across ASEAN

17 hours ago

Ezra Reguerra

US judge temporarily blocks Minnesota prediction market ban

19 hours ago

Ezra Reguerra

News Brief

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

13 hours ago

Helen Partz

News Brief

Binance co-founder CZ backs crypto license passporting across ASEAN

17 hours ago

Ezra Reguerra

US judge temporarily blocks Minnesota prediction market ban

19 hours ago

Ezra Reguerra

News Brief