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The post Myanmar proposes life in prison for crypto scam appeared on BitcoinEthereumNews.com. Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is next scheduled to sit in the first week of June to advance the legislation. The draft legislation, called the Anti-Online Scam Bill, states that anyone convicted of “digital currency fraud” or running an online scam center faces a sentence ranging from ten years to life in prison. The bill permits capital punishment for operators who use “violence, torture, unlawful arrest and detention, or cruel treatment against another person for the purpose of forcing them to commit online scams.” Military bill targets digital c
Read full articleA Jerusalem family that lost relatives in a 1997 Hamas suicide bombing is among the plaintiffs pushing a US federal court to order Tether to hand over hundreds of millions in frozen digital currency. The case, filed in Manhattan, could set a significant legal precedent for how courts treat centralized stablecoin issuers. Related Reading: Crypto […]
Americans lost more than $11 billion to crypto-related fraud last year, according to an FBI report released in April — and the pressure on governments across Southeast Asia to crack down has only grown since then. A Deadly Business Myanmar’s military government has now responded with one of the harshest proposed laws of its kind […]
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. The draft legislation, called the Anti-Online Scam Bill, states that anyone convicted of “digital currency fraud” or running an online scam center faces…
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.
The post Bitcoin Is Only One Leg From Hitting A Bottom, But How Low Can It Go? appeared on BitcoinEthereumNews.com. Bitcoin Is Only One Leg From Hitting A Bottom, But How Low Can It Go? | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/one-leg-from-bitcoin-botto
Crypto analyst Bee has forecasted a major price bottom for Bitcoin (BTC), the world’s largest digital currency. Despite its recent rally above $80,000, the expert still believes that BTC remains in a broader bearish market, likely viewing the latest price gains as a temporary bounce. While some analysts think that Bitcoin’s downtrend is over and […]
The summit's outcomes could redefine global crypto dynamics, influencing digital currency dominance and regulatory landscapes amid US-China tensions. The post Donald Trump to visit China for first summit in nearly a decade appeared first on Crypto Briefing.
The clash highlights Europe's struggle for digital currency leadership, risking reliance on US stablecoins and delaying payment autonomy. The post Banque de France’s Beau clashes with Lagarde over digital euro plans appeared first on Crypto Briefing.
