cryptocurrency

Update news cryptocurrency

Vietnamese businessman condemned for swindling $28 million in cryptocurrency

A well-known businessman in the technology and startup community has been caught in a scandal related to cryptocurrency via an AI project.

Surge in cryptocurrency investment indicates multi-billion-dollar opportunity

Hundreds of billions of dollars in cryptocurrencies are estimated to have flowed into Vietnam over the past year; however, the lack of a legal framework monitoring this capital flow might lead to tax losses and risks such as money laundering.

Police bust illegal cryptocurrency network worth trillions of dong

Hanoi police had busted an illegal cryptocurrency network worth trillions of dong.

How should blockchain games be treated in VN?

Vietnam has a number of blockchain games with revenue of hundreds to millions to billions of dollars. However, blockchain games have not been recognized or licensed in Vietnam.

VN ranks second in the world in cryptocurrency ownership rankings

Vietnam ranks second in the world in cryptocurrency ownership with 21.2 per cent of the population adopting crypto, according to data from the Crypto payment gateway Triple-A.

Vietnam’s opportunities in CBDC race

Eighty-six percent of central banks, including Vietnam's,  are considering the Central Bank Digital Currency (CBDC) for their economies.

Virtual currencies, assets still escape the net: NA deputy

According to the National Assembly Deputy Duong Van Phuoc, virtual currencies and assets still can escape the net because of unclear regulations of the Anti-money Laundering law (AML).

Billionaire Changpeng Zhao of Binance commits to comply with Vietnamese laws

Changpeng Zhao, the 19th richest billionaire in the world, arrived in Hanoi on June 3. The billionaire, 45, is a Chinese-born Canadian. His total assets are $17.4 billion, mostly in cryptocurrencies.

Does Vietnam lag behind in cryptocurrency movement?

Many Asian countries have researched, piloted and even deployed digital currencies using Blockchain technology. In Vietnam, there are only plans on paper.

It’s time for Vietnam to begin pilot study on cryptocurrency: expert

The Prime Minister has assigned the State Bank of Vietnam (SBV) to study and try to use a cryptocurrency based on blockchain technology as a part of a strategy on e-government in 2021-2025.

Vietnam in global top 10 for cryptocurrency ownership rate

The Covid-19 pandemic has attracted capital from Vietnamese investors in cryptocurrencies. About 6 million Vietnamese own digital assets.

Investors rush to pour money into bitcoin

Investors who bought bitcoins for $35,000 in July will make substantial profit if they sell now, when prices are high.

Virtual currency: a new game for Vietnam

It is likely that the piloting of virtual currency will be the second sandbox in Vietnam after Mobile Money to offer the market a new and convenient means of payment in the digital economy.

 

Vietnam c.bank to review draft policies on national digital currency

The move is part of a national strategy to promote non-cash payment in Vietnam in the 2021-2025 period.

Cryptocurrency and controversies about the future

El Salvador recently became the first country in the world to legalize bitcoin, which will be used to pay for goods and services as well as taxes.

One more crypto project hits $1 billion in Vietnam

After Axie Infinity, the total capitalization of Coin98 ecosystem has reached the $1 billion mark.

Vietnamese game expected to be another Flappy Bird

With the price tripling within one week and the capitalization value hitting nearly $1 billion, Axie Infinity, the Blockchain-based game project developed by Vietnamese, has become a global phenomenon.

 

Vietnam signals interest in blockchain and cryptocurrency

Vietnam's latest initiatives on promoting blockchain and studying cryptocurrency application are expected to spark huge interest in the country's potential cryptocurrency future.

Cryptocurrency fever leads to dead end for some investors

With total market capitalization value of $1.45 trillion as of June 21, the cryptocurrency ecosystem has attracted investors but has also been an ideal hiding place for illegal activities.

Legal framework needed to better manage cryptocurrency market

A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have warned.