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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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>"Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up"
>"Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up"
Reported by the Myanmar Times, the country’s central bank issued an announcement on May 15 stating that financial institutions are not allowed to accept or facilitate transactions using digital currencies.....
Reported by the Myanmar Times, the country’s central bank issued an announcement on May 15 stating that financial institutions are not allowed to accept or facilitate transactions using digital currencies.....
The CBM has not prohibited the use of cryptocurrencies under the law. It has just issued an announcement. As there is no official law, it can’t be said that trading in digital currencies is illegal
The CBM has not prohibited the use of cryptocurrencies under the law. It has just issued an announcement. As there is no official law, it can’t be said that trading in digital currencies is illegal
>"Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up"
>"Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up"
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