DICA blocks I-Wealth company for cryptocurrency advertising

The Directorate of Investment and Company Administration (DICA) put I-Wealth company on the blocklist from 2 July 2024 for advertising to invest in digital currency such as cryptocurrency, bitcoin (BTC) and Ethereum (ETH) on its Facebook page, DICA notified.
DICA has already notified that the registrar will publicly declare the denylist and weak compliance matters on the DICA’s website if companies registered on the online registry system (MyCO) fail to comply with the existing law, rules and bylaws of the government institutions concerned and provisions stipulated in the Myanmar Companies Law. — TWA/KK

Share this post
Hot News
Hot News
Tatmadaw education schools, Tatmadaw BEHSs turn out 392 distinction winners in matric exam 2024
MNHRC inspects Yamethin Prison, Kintha 1 & 2 Production Camp
Myanmar ambassador to Japan engages with Kumamoto officials, business leaders
Myanmar to participate in 36th VECONAC, 23rd General Assembly in Singapore
Strand Road Night Market opens in Magway
MoE Union Minister receives Ambassador of India
DPM MoD Union Minister leaves for Vietnam to attend state funeral
Myanmar, India to enhance cooperation in e-ID system
DPM MoFA Union Minister attends China-South Asia Expo opening
Indian Ambassador calls on MoHT Union Minister