Vietnam to Ban Import of Bitcoin Mining Equipment

Vietnam’s Ministry of Finance has officially proposed to ban the import of cryptocurrency mining equipment. Bitcoin mining rigs are currently easily imported inside Vietnam. The proposal follows the biggest crypto fraud in the nation involving in excess of US$656 million and over 32,000 victims.

In the lately introduced report that contains the thoughts of the ministries involved in the administration of bitcoin and other cryptocurrencies in Vietnam, the country’s Ministry of Finance proposes suspending the importation of mining tools, in accordance to media. This report referred to as Document 5964 / BTC-TCHQ, has been submitted to the country’s key minister.

Proposal to ban Import of Bitcoin Mining Equipment

Vietnam Ban Import Mining Equipment
Vietnam to ban the import of Crypto Mining Equipment