TL; DR suskirstymas
- Myanmar junta places ban on cryptocurrencies.
- Violators of ban to face 6 months to1 year prison sentence.
- Myanmar locals against ban on cryptocurrencies.
The Myanmar military junta has proposed a legislation to ban Virtual Private Networks(VPNs) and crypto through new cyber security law.
Pagal recently drafted bill, locals who flout the VPN bill could be sentenced to 1 to 3 years or fined up to 5 million Myanmar Kyats, while crypto users who violate the law may face six months to one year of imprisonment and fine.