Vietnam – Bitcoin and Cryptocurrencies – Current situation and Potential Development

Late October 2017, in a written notice to the public media, the State Bank of Vietnam re-affirmed that the issuance, supply, and use of ‘virtual’ currency is strictly prohibited in Vietnam. In support of the prohibition, initially, the State Bank of Vietnam relied on provisions of Decree 101/2012/ND-CP on non-cash payment as amended by Decree … Continue reading Vietnam – Bitcoin and Cryptocurrencies – Current situation and Potential Development