Without a uniform legal framework, money launderers wolfed down cryptocurrency

Without a uniform legal framework, money launderers wolfed down cryptocurrency

VCN - Grand View Research's report said that, in spite of spring market, the global blockchain technology market is estimated to reach a value of more than 1,400 billion USD by 2030 with a compound annual growth rate (CAGR) of nearly 86%/year in the perio
It is necessary to improve the legal framework for cryptocurrency market

It is necessary to improve the legal framework for cryptocurrency market

VCN - The cryptocurrency craze erupted from late 2021 to the early months of 2022 but then knocked many players down with sharp plunges. However, Dr. Pham Nguyen Anh Huy, Senior Lecturer in Finance, Founder of RMIT FinTech-Crypto Center, RMIT University V
PM asks central bank to study pilot implementation of cryptocurrency

PM asks central bank to study pilot implementation of cryptocurrency

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to study and carry out pilot implementation of cryptocurrency based on blockchain technology in the 2021-23 period.
Legal framework needed to better manage cryptocurrency market

Legal framework needed to better manage cryptocurrency market

A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have warned.
Central bank gives no permission to cryptocurrency platforms

Central bank gives no permission to cryptocurrency platforms

The State Bank of Vietnam has not granted permission to any virtual and crypto currency trading platforms in Vietnam.
Virtual currency develops complicatedly, the Government has warned people to understand risk and be careful

Virtual currency develops complicatedly, the Government has warned people to understand risk and be careful

VCN - The Government has instructed ministries and sectors to implement many solutions to help people understand and be careful of virtual currency.
Cryptocurrency under supervision

Cryptocurrency under supervision

Viet Nam has intensified inspections on cryptocurrency transactions as trading and investments using this payment system are on the rise in the country.
Central bank enhances inspections on cryptocurrency transactions

Central bank enhances inspections on cryptocurrency transactions

The State Bank of Vietnam SBV has ordered financial institutions and other organisations providing payment brokerage services not to conduct cross border transactions in cryptocurrency for fear of money laundering terrorism sponsoring tax evasion and frau
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