Vietnam Warns Against Bitcoin, Invokes the Ghost of Gox

Vietnam’ s State financial institution has issued another declaration warning against bitcoin, obstructing credit institutions from providing any digital currency solutions.

Authorities experienced already issued a strong caution back on 14th feb, stating that the government plus State Bank did not identify bitcoin as a legitimate method of payment.

It also contained all the usual avertissement about money laundering, taxes evasion, illicit trade, and the risk of speculation. Consumers would have no protection in the event of expense loss.

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