Cambodia backs tough jail terms for crypto scam operators

Cambodia has moved closer to tougher action against scam centers linked to crypto fraud and other online crimes. The country’s Senate approved a draft law that would impose prison terms and fines on people involved, marking a new step in its response to scam compounds. Cambodia’s Senate said it unanimously approved the draft law on Friday, with all 58 senators voting in favor. The bill now awaits the king’s approval before it can take effect. Reports said the proposed law would impose prison terms of two to five years and fines of up to $125,000 for certain offenses. Those penalties…