RATE Group | Vietnam at Crossroads on Cryptocurrency Regulations
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Vietnam at Crossroads on Cryptocurrency Regulations

12 Nov Vietnam at Crossroads on Cryptocurrency Regulations

Posted at 00:24h in Cryptocurrency News by

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Vietnam at Crossroads on Cryptocurrency Regulations

Regulation

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment.

Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses

Justice Ministry Reports on Regulatory Approaches

Vietnam at Crossroads on Cryptocurrency RegulationsVietnam’s Ministry of Justice has submitted а report to the government in Hanoi that contains a review of the current legislation and an assessment of cryptocurrency-related business activities in the country. The authors of the document have also made a number of proposals about changes they consider necessary.

The ministry explores…

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