Vietnam Regulator Warns Against Using Bitcoin

Vietnam Regulator Warns Against Using Bitcoin

In a statement, the Department of Electronic Commerce and Information Technology in Vietnam has warned Vietnamese citizens against engaging in investments or the buying and selling of Bitcoin and digital currencies. The Vietnam e-Commerce and Information Technology Agency – which falls under the purview of the Ministry of Industry and Trade (MOIT) – serves as a regulator to support state management and the enforcement of functions concerning e-commerce and IT to serve the Ministry while in accordance with the laws and regulations. In a recent press release, the agency warned against the....


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