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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: Vietnam

Vietnamese PM Directs Ministry to Strengthen Oversight Following Crypto Scam

Category: Blockchain, Business, News, Regulation

Vietnamese PM Directs Ministry to Strengthen Oversight Following Crypto Scam

The Vietnamese market is under the eye of the government as of late due to a scam which saw a reported VND 150 trillion ($650 million) stolen from local Vietnamese investors on April 8, 2018. Rallying All the Ministries Around New Crypto Directive The Vietnamese firm responsible had its office raided in Ho Chi Minh City on Sunday, April 8th,…

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Vietnam’s Mining Craze: Total Number of Imported Mining Rigs in 2017 Exceeded

Category: Altcoins, Mining, News, Tech

Vietnam’s Mining Craze: Total Number of Imported Mining Rigs in 2017 Exceeded

In the first three weeks of 2018, Vietnam has imported a higher number of mining rigs than it had over the duration of 2017. Vietnam is emerging as a major mining nation, alongside South Korea, as statistics from Ho Chi Minh City reveal. The latest Customs Department figures show that almost 8,000 mining rigs were imported  in January 2018 alone….

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Many Vietnamese Businesses Still Accepting Bitcoin Payments Despite Government Warning

Category: Bitcoin, Business, News, Regulation

Many Vietnamese Businesses Still Accepting Bitcoin Payments Despite Government Warning

The Vietnamese government seems to be struggling to enforce its crackdown on bitcoin transactions and activity. According to reports, many business establishments including restaurants and cafes are still accepting the digital currency for payments despite government warnings. Active Bitcoin ATMs Expectedly, the government is not taking kindly to these reports and has launched an investigation to book the violators. A…

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Vietnamese Prime Minister Moves to Legalize Bitcoin

Category: Bitcoin, News, Regulation

Vietnamese Prime Minister Moves to Legalize Bitcoin

Vietnamese Prime minister approves plan to reevaluate the legal charter for the use of cryptocurrencies, such as bitcoin, in Vietnam. On August 25, VNA reported that Prime Minister Nguyen Xuan Phuc has charged the country’s relevant ministries to reassess its status in regards to cryptocurrencies. This signifies a legislative turn of heart that could soon legally recognize cryptocurrencies in Vietnam….

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