#bitcoin

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Secret offline Bitcoin vault found in Swiss mountains

Secret offline Bitcoin vault found in Swiss mountains

The Bitcoin cryptocurrency saw a sharp rise in both price and interest from investors in the beginning of 2017, with its value soaring to above $25,000 per coin. 2018 was not as good of a year, with the cryptocurrency losing over 50% of its value in January.
PM orders tighter control of Bitcoin, cryptocurrency

PM orders tighter control of Bitcoin, cryptocurrency

Prime Minister Nguyen Xuan Phuc has required the State Bank of Vietnam (SVB), financial institutions, and other organisations providing payment brokerage services to intensify inspections and promptly report suspicious cryptocurrency transactions.

General Department of Police warns against the use of cryptocurrencies

General Department of Police warns against the use of cryptocurrencies

PSNews - Despite official warnings and recommendations from the local authorities, cryptocurrencies still become more and more popular in Vietnam. It is more worrisome as the trading of crytocurrency may lead to many hidden risks, such as fraudulent acts and money laundering, especially when crytocurrency tends to spread toward the countryside. 
​Vietnam’s central bank outlaws Bitcoin

​Vietnam’s central bank outlaws Bitcoin

The State Bank of Vietnam has said Bitcoin is banned in the country and those who break this rule will be subject to fines or even criminal charges, following an announcement by a private local university to accept the digital currency as tuition.