News
The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub.
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Vietnam News
Vietnam is a socialist country in Southeast Asia with a population of 94.6 million and an area of 331 thousand kilometers. Vietnam has a strong socialist-oriented market economy. Vietnam is considered to be one of the fastest growing economies — in terms of nominal gross domestic product and GDP per capita — since its shift from a command to a mixed economy. It is also an attractive place for foreign investments and is a large agricultural exporter. Vietnam has no Bitcoin trading or holding regulations. Bitcoin in Vietnam is allowed to be used as a good or an asset. Vietnamese Bitcoin exchanges, such as Bitcoin Vietnam and VBTC, are working without any limitations. Also, Vietnam does not restrict Bitcoin mining but made it illegal to use as a means of payment as well as to issue other digital currencies for their usage as a means of payment.
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Vietnam’s Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country.
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Statista has found that one-in-three Nigerians held or used crypto assets during 2020.
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HDBank has processed its first L/C transactions since joining the Contour platform for international trade.
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Electronics giant LG is supporting a new Vietnamese blockchain initiative through its IT and consulting subsidiary.
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Vietnam’s government is adopting blockchain technology on a national level.
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Ukraine beats Russia, China and more in adoption metrics, according to new research from Chainalysis.
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A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them.
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Vietnam's finance ministry has established a research group to develop and scrutinize digital-currency-related policy proposals.
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Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the time of sale.
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Vietnam-based Binance users can now directly purchase and sell four cryptos using the latest versions of Binance P2P mobile app on iOS and Android.
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A major Vietnamese shipping terminal has become the latest entity to join IBM and Maersk’s TradeLens blockchain platform.
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Malta-based cryptocurrency exchange OKEx has secured support from four new partners, including hardware crypto wallet Ledger, for its utility token OKB.
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Ho Chi Minh City plans to develop a regulatory framework for blockchain technology and how it is applied to smart city development.
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A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a $16.3 million crypto exchange fraud.
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