UTB Bot, short for United TeleBot, is a fully-automated currency app that allows Telegram users to buy, sell, and store cryptocurrencies. The application functions similarly to most crypto wallets, enabling cost-free deposits, withdrawals, and conversions. In addition, however, it comes with a user incentive in the form of a daily return, regardless of external conditions. Telegram has become one of the most popular messaging apps in recent years, reaching over 700 million users. Notably, the Telegram community increased by 200…
Vietnam
Vietnam Finance Ministry Warns Of Crypto Trading Risks
Vietnam Ministry of Finance has warned citizens against the dangers of illegal trading and investing in cryptocurrencies. This comes following the growing popularity of cryptocurrencies, particularly bitcoin in the Asian nation. A primary concern for authorities As per a report from local news outlet Vietnambreakingnews the Ministry of Finance put out the warning on March 2nd, the story says that the ministry is wary that cryptocurrencies are associated with high-tech crimes in the nation. The ministry noted that crypto trading…
2 years ago 542 views
Authorities in Vietnam to Establish Cryptocurrency Research Group to Evaluate Policy
Some cryptocurrency market participants believe that mass adoption of cryptocurrencies is related or influenced by the governments’ willingness to provide favorable regulatory framework. Some governments worldwide have been up to the task and are working towards the establishment of such regulations, while others are still considering it. On May 11, the Ministry of Finance in Vietnam said it will come up with a research group responsible for examining and making policy proposals about cryptocurrencies and virtual assets. The research group will assist…
3 years ago 535 views