Vietnamese Prime Minister Nguyen Xuan Phuc has reportedly authorized a plan that could lead to the official recognition of digital currencies like Bitcoin as a form of payment in the country by 2018.
Based on a report by regional news services VNA, the prime minister has ordered the country’s central bank, the Ministry of Finance and the Ministry of Public Safety to study and draft a legal framework to regulate virtual currencies.
The assessment process is due for completion in August 2018. The preparation of legal documents needed for the recognition of cryptocurrencies under a regulatory framework should also be finalized by the end of the year.
Full story at http://bit.ly/2xpUwER
Source: CoinTelegraph
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