Vietnam’s Central Bank Announces Ban On Bitcoin Payments

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ance responses by central banks, government ministries, international organiza- tions, and industry.

6 Cryptocurrencies and digital payment rails in networked.

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ing China and Vietnam, applied CC bans more selectively on financial services.

14 Dec 2017.

In late October, the Vietnam government declared that bitcoin and other cryptocurrencies were "not legal methods of payment" inside the country.

with the Japanese, after China banned domestic cryptocurrency exchanges.

7, Indonesia's central bank said it had issued a regulation prohibiting the use of.

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payment technology represented by bitcoin and other digital currencies,

Japan; Mexico; Russia; South Africa; the United States; and Vietnam. Although all information.

Central Bank banned any currency not issued or regulated by the govern- ment.

“Since our March 2014 statement, we have made no further announce-.

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