Re: Using virtual currency in Vietnam can be prosecuted for criminal liability
Vietnam prohibits the distribution, supply, use of bitcoin and other similar virtual currencies as payment methods. The distribution, supply and use of illegal means of payment (including bitcoin and other similar virtual currencies) will be subject to administrative penalties ranging from 150 million to 200 million.
since 2018, the release behavior, supply and use of means of payment not legally (including the virtual currency Bitcoin and other similar) can be fined from 50,000,000 to 300,000. VND or imprisonment from 6 months to 3 years according to the provisions at Point h, Clause 1, Article 206 of the Penal Code 2015 (amended and supplemented in 2017).
