Rules or Ruse? Myanmar’s Anti-Money Laundering Efforts Coerce Compliance with a Rigged Financial System

Since being labelled a “Jurisdiction of Concern” by the Financial Action Task Force (FATF) in 2022, Myanmar’s military government has undertaken efforts to improve its technical compliance with the FATF’s recommendations on anti-money laundering and countering the financing of terrorism (AML/CFT). But the regime uses AML/CFT compliance less to address actual money laundering, and more as a tool to compel individuals and businesses to use the state-controlled financial system.

Redirecting Crypto Exchanges to Fight — Rather than Facilitate — Crypto Scams in Southeast Asia

Southeast Asian countries can significantly amplify their anti-scam efforts by compelling crypto exchanges to proactively join the fight. Exchanges are not merely the primary gateways through which scam funds flow — they are also the custodians of valuable on-chain and platform intelligence needed to detect and disrupt those flows.