The State Bank of Vietnam issued a statement saying "Bitcoin virtual currency and other similar is not lawful means of payment in Vietnam".
Based on the new legal framework, the issuance, supply, and use of bitcoin and other similar cryptocurrencies as a means of payment is a prohibited activity in Vietnam.
There is no explanation as to why the bank chose to do this, and it does not mention blockchain as a technology, nor does it mention anything about mining.
Ex-Trump campaign manager told to surrender to feds
Mueller was appointed special counsel in May by Deputy Attorney General Rod Rosenstein. The FBI had Manafort wiretapped for several months during the campaign.
The Bank says conventional payment systems, including cheques, payment orders or credit cards are valid. Nearly the same news broke out three years ago, in April 2014.
Bitcoin along with other cryptocurrencies is facing various challenges from different nations like crackdown in China and development of local cryptocurrency in Russian Federation.
The president of Vietnam's FPT University, Le Truong Tung, told Bitcoin News that the Bank believed that if Bitcoin is accepted "it will be hard to control: tax evasion, illegal transfers, payments, financing of illegal transactions will arise and thus state management of money, the economy will become very complex".
- Etats-Unis Le cerveau du tireur de Las Vegas va être analysé
- Dancing on Ice full confirmed celebrity line-up for 2018
- Simon Cowell fainted due to low blood pressure
- Le suspect reconnaît avoir découpé le corps — Journaliste démembrée
- Ambitieux ? Nintendo vise désormais 17 millions de Switch vendues d'ici avril 2018
- Jyoti Kumari Evicted, Bandgi Kalra And Luv Tyagi Fight For Captaincy
- Women rescued after almost six months at sea
- IPhone 8 helped Apple sell 40% more smartphones in China last quarter
- United Nations agency: Carbon dioxide concentrations grew at record rate in 2016
- Open Enrollment is November 1 through December 15