VIETNAM AGAIN CONSIDERS LEGALIZING BITCOIN - page 2.

FairUser

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Quote from: Mahanton on March 29, 2022, 05:51:15 PM

Speaking with Axie then for sure they had made out some good revenue or taxes from it considering that it was really a good game which generated millions of dollars which government could really take out
advantage or benefit if they would really be allowing or legalized crypto related businesses and other industry focused type which countries should really look upon or making out some priorities.
Any news and events in talks about consideration on legalizing bitcoin then it do always end up on a good news.Any of it attaches with adoption then it does shows that recognition is really that gradually
increasing which is a win situation.

That's the truth

I know Vietnam has always been a leading country in terms of trends in this market, but their product technology is bad. Although I don't want to say this, but the crypto space in Vietnam is still too young. Many people are still stuck with knowledge or dragged into trends. If the fact that Vietnam is legal for BTC, I think there will be more information. If I remember correctly, they have also been researching CBDC.

Mahanton

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Quote from: Yogee on March 29, 2022, 05:42:57 PM

I think the crypto situation in Vietnam is not that bad since they are not really prohibited from investing. They also allow exchanges to operate but it's still a wasted opportunity for them not to allow usage of crypto and limit it to trading. There are a lot of play to earn games incubated or developed from companies in Vietnam. The creator of Axie - Sky Mavis - have generated a lot of income for many Vietnamese and for themselves for sure.

Speaking with Axie then for sure they had made out some good revenue or taxes from it considering that it was really a good game which generated millions of dollars which government could really take out
advantage or benefit if they would really be allowing or legalized crypto related businesses and other industry focused type which countries should really look upon or making out some priorities.
Any news and events in talks about consideration on legalizing bitcoin then it do always end up on a good news.Any of it attaches with adoption then it does shows that recognition is really that gradually
increasing which is a win situation.

Yogee

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I think the crypto situation in Vietnam is not that bad since they are not really prohibited from investing. They also allow exchanges to operate but it's still a wasted opportunity for them not to allow usage of crypto and limit it to trading. There are a lot of play to earn games incubated or developed from companies in Vietnam. The creator of Axie - Sky Mavis - have generated a lot of income for many Vietnamese and for themselves for sure.

romero121

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With a population of more than 98 million the country getting into the plans of developing framework for the legalised usage of bitcoin shows that there is more countries getting into cryptocurrency from Asia against the western nations. It is the country to show interest on bitcoin adoption even before most of the growing countries.

Every country wants to enjoy the good thing of bitcoin, but they lack the proper framework. Maybe within the next few months we can expect Vietnam getting added to the list of crypto friendly countries list.

suryana

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Trphy.io

bitcoin is currently an investment that is very popular among foreign countries and there are even some countries that are starting to adopt bitcoin widely among their people, change the topic this time Vietnam will try to legalize bitcoin in countries based in southeast Asia, if this can be realized it is certain that Vietnam will be the first country to legally adopt bitcoin, we really hope that with many countries interested in bitcoin at least it will be able to increase the stability of bitcoin in the global stock market

AmoreJaz

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they are seeing that more developed countries are totally accepting the crypto industry. why not them? they will be left behind by this technology. because sooner or later, even if they don't accept this market, other neighbouring countries will enjoy the benefits of this industry. and they've seen it with their own eyes, during crisis, crypto is one very good option to use like in this war crisis. sending borderless is one outstanding feature of bitcoin. and they are realising the potential of this digital currency. it is not the loss of the crypto community if they won't join though.

Wimex

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For some time now, Vietnam has had a decisive conflict to allow the use of Bitcoin in its territory, authorizing and disavowing it; however, the possibility that the latter is definitively legalized throughout the country has not yet been ruled out, which is why the Deputy Prime Minister, Le Minh Khai, asked the Ministry of Finance to consider re-examining how profitable the incorporation of this digital asset and proposed to build a legal framework for the crypto market; According to Vietnam Net, "the Ministry of Finance would work together with the Ministry of Justice, Information and Communications and the State Bank of Vietnam to develop a regulatory framework for the digital asset market", together they would analyze the pros and cons, addition of its effect in the economy, to provide greater stability.

What are the chances that the Vietnamese authorities, by making this decision, will not change
opinion again?

SOURCE: https://cointelegraph.com/news/vietnamese-deputy-pm-calls-for-building-legal-framework-for-digital-assets

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