Vietnamese Regulator Advises Firms and Funds to Keep Away From Crypto

Vietnamese Regulator Advises Firms and Funds to Keep Away From Crypto
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-26 07:43

The announcement follows a directive issued by the country’s prime minister earlier this year aimed at tightening what Vietnamese regulators call the management of crypto activities.
The measure, referred to by local media as a ban, affects public companies, securities companies, fund management firms and securities investment funds.
The document puts an emphasis on strengthening the management of activities related to bitcoin and other cryptocurrencies.
Not the First Anti-Crypto Measure
This is not the first administrative measure aimed at curbing crypto activities in the country.
Crypto-related fraud has played a role in shaping the current attitude of Vietnamese authorities and regulators towards the crypto space.

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