[Myanmar Passes Anti-Cyber Fraud Law: Forced Fraud Leading to Death Punishable by Death, Maximum Life Sentence for Crypto Scams] Odaily Planet Daily News – Myanmar's military-backed parliament passed the 'Anti-Cyber Fraud Law' on Tuesday, allowing the death penalty for those who use violence or illegal detention to force others into committing online fraud. According to the draft released in May, if such abusive actions result in the victim's death, the death penalty should be imposed. The draft also stipulates that operating online fraud centers or engaging in cryptocurrency scams can result in a maximum sentence of life imprisonment, while coercion-related crimes carry sentences ranging from 10 years to life imprisonment. Lower house lawmaker Aye Chan stated that the death penalty clause remains in the approved version, with key parts of the bill unchanged, though the full text has not yet been released. This law is the first legislation passed by Min Aung Hlaing's new government. The United Nations Office on Drugs and Crime (UNODC) estimates that by 2025, fraud activities in East Asia, Southeast Asia, and Oceania will cause losses of $88.3 billion to $114.1 billion, with individuals from at least 80 countries identified within related compounds. (Decrypt)