Vietnam Is Preparing to Legally Recognize Bitcoin
Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment, reports say.
Vietnam's securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.
The country's central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.
A team that conducted two token sales involving thousands of investors has gone dark.
The State Bank of Vietnam has issued a statement banning the use of bitcoin and other cryptocurrencies in payments from Jan. 1, 2018.