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…

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…