Post
Topic
Board Bitcoin Discussion
Re: Using virtual currency in Vietnam can be prosecuted for criminal liability
by
bug.lady
on 31/01/2018, 11:24:30 UTC
What the heck, are you serious?

Can you provide a link with this information? I'm interested in reading the full article and seeing exactly what Vietnam has in mind when they want to crack down so harshly on crypto users....

Yes, I'm serious. you can consult under the following link.
http://cafef.vn/tu-1-1-2018-lien-quan-toi-bitcoin-se-bi-xu-phat-ra-sao-20171230111120909.chn
http://vietnamnet.vn/vn/kinh-doanh/tai-chinh/tu-1-1-2018-dung-bitcoin-thanh-toan-bi-di-tu-3-nam-419033.html
This is Vietnamese website, you can google translate into english.  Smiley

I find it surprising that they introduce measures like this. One would expect they try to tax it rather than ban it. Taxing would at least give them a piece of the cake others are eating, but banning "cakes" completely makes no sense.

Or maybe it is just a temporary measure. Like China did many times. You know, they ban it to buy some time to figure out how to tax it. This would be my interpretation and hope.