Vietnam’s central bank outlaws Bitcoin

A fine of up to VND200 million (US$10,959) and possible criminal charges will be imposed on violators

By Tuoi Tre News October 29, 2017, 12:30 GMT+7

​Vietnam’s central bank outlaws Bitcoin   
FILE PHOTO: A Bitcoin (virtual currency) coin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. Photo: Reuters

The State Bank of Vietnam has said Bitcoin is banned in the country and those who break this rule will be subject to fines or even criminal charges, following an announcement by a private local university to accept the digital currency as tuition.

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