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The 5 highest-paying IT career paths. Bitcoin is now illegal within Taiwan. It won't say ban, and doesn't vietnam ban mining or ban.
If bitcoin is accepted it will be difficult to control: Lawyer Le Cao bitcoin that vietnam law currently bitcoin not prohibit bitcoin in Vietnam.
Representatives of the State Bank reportedly stated that, if the university continued to treat bitcoin as a "legal means of payment," it would be "committing an act of violation under the current law provisions, and may subject the university to the appropriate sanction. Many nations of Asia including Japan , Korea, Singapore, and Thailand fully support and embrace Bitcoin and cryptocurrency.
File Photo The State Bank of Vietnam has ruled that cryptocurrency, including Bitcoin, is not a legal method of payment. However, the law can be considered as a way by the government to emulate the actions of other countries around the world. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center. Innovation Facebook whacks cryptocurrency and ICO ads with banhammer. Bitcoin 31, ban February 28, The Hindu. How Do Bitcoin Transactions Work?
Milk-slurping reseller vietnam to court Timeout everyone. Vietnam and Bitcoin - Vietnam to ban bitcoin? Ban the Bank decided to make the statement vietnam unclear, but it's not hard to guess why: Vietnam's government is a little like China's in that it permits private enterprise but remains vietnam single-party communist state.
Virtual currencies' represent a threat to command economies that such regimes find hard to tolerate, as China's ban of Bitcoin exchanges and Russia's attempts to do likewise demonstrate. The ban does not, however, mention mining or exchange of virtual currencies, leaving open the possibility that Vietnam will permit cryptocurrency-or-blockchain-related activity.
So long as they're not used to buy and sell stuff. Vietnam's trying to reform its economy, is already winning manufacturing work from China and attracting considerable foreign investment.
It's not hard to imagine blockchain making a splash there, even if Bitcoin is banished from commerce. The Register - Independent news and views for the tech community. Part of Situation Publishing. Join our daily or weekly newsletters, subscribe to a specific section or set News alerts. The Register uses cookies. It's lost money again Azure Event Grid goes live, gives world cloudy publish-subscribe model.
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