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Myanmar Proposes Life in Prison for Crypto Scammers
Myanmar

Myanmar Proposes Life in Prison for Crypto Scammers

Myanmar's military government proposes severe penalties for crypto fraud, including life imprisonment and death, amid ongoing crypto ban.

Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency
Myanmar

Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency

Myanmar’s shadow political entity, the National Unity Government (NUG), has reportedly adopted the Tether (USDT) stablecoin as its primary currency to bypass the sanction from the military regime.

Myanmar says Cryptocurrencies are Banned, but Local Users Disagree
Myanmar

Myanmar says Cryptocurrencies are Banned, but Local Users Disagree

Even though the Myanmar government said earlier this month that Bitcoin and other cryptocurrencies are not legal tenders in the country, fanatics continue to interact with the technology.