cryptocurrency

Update news cryptocurrency

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.

Vietnamese earn over VND9 trillion profit from cryptocurrencies in 2020

Vietnam ranks 4th for profit earned from cryptocurrencies among Asian economies in 2020, only after China, Japan and South Korea.

Legal framework needed to manage virtual financial investment platforms

Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.

The hottest cryptocurrencies in the market

In recent years, the cryptocurrency market has grown strongly and has become a fertile ground for investors, despite many warnings about their risks. Here are the most popular cryptocurrencies on the market.

Illegal cryptocurrency exchanges turn investors into debtors

All foreign exchange (forex) trading activities in Vietnam are illegal as the authorities have not issued license for any forex trading floor.

Cash payment habits change in Asia Pacific

Under the impact of the Covid-19 epidemic, the interest in new payment technologies is growing in the Asia-Pacific region.