Tag Archive for ‘Bitcoin’

Vietnamese University Plans to Accept Bitcoin Despite Central Bank Ban

FPT, a private Vietnamese university is planning to accept tuition fees in bitcoin with a workaround of the central bank’s ban on using cryptocurrencies as payment instruments. FPT University is a private academic institution with campuses in Ho Chi Minh City, Hanoi and Da Nang, Vietnam’s three major cities. The university will soon begin accepting […]

Vietnam Bans Bitcoin as Payment Method; Adopters Face USD$9,000 Penalty

Vietnam’s central bank has ruled that cryptocurrencies like bitcoin are prohibited as a method of payment in the country. The State Bank of Vietnam (SBV), Vietnam’s central bank, has completed developing a legal framework for cryptocurrencies in the country following orders by Vietnamese Prime Minister Nguyen Xuan Phuc earlier this year. In a newly released […]

Experts divided on recognizing bitcoins, Vietnam central bank says no

Hundreds of thousands of retail points in Japan are accepting payments in bitcoin for both online and on-the-spot transactions. The Vietnamese government has approved a plan for a legal framework to manage and deal with electronic money, virtual assets and currencies. This has raised hopes that bitcoin and other virtual currencies would be accepted for […]