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Prime minister of Vietnam looking to strengthen Crypto Framework  

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Reek
 Reek
Active Member
Joined:3 years  ago
Posts: 15
14/04/2018 5:16 am  

https://news.bitcoin.com/vietnams-prime-minister-directs-central-bank-to-strengthen-cryptocurrency-framework/

Always glad to see more countries adopting Crypto's, however with less regulations the better.


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Miranda
Active Member
Joined:3 years  ago
Posts: 10
16/04/2018 12:29 am  

This is great news. Did not know Vietnam had a supporting for Crypto's. But I hear their economic status isn't too great, but hopefully this helps.


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admin
Member Admin
Joined:3 years  ago
Posts: 79
16/04/2018 3:26 pm  

It's largely because of a huge ICO related scam which has just exited the country. 

http://fortune.com/2018/04/12/icos-cryptocurrency-scam-vietnam/

It would be great of minimal government intervention was needed but that would only be possible if things like this did not take place. The best lesson to take from this event is that ICOs and such related opportunities are extremely risky and mostly end up in this kind of behaviour. 


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