Vietnam to Ban Import of Cryptocurrency Mining Equipment Posted On June 7, 2018 Steven Steel 0 Recently, Vietnam joined the league of nations that restrict the operations of digital currencies due to cases of fraud and scams running rampant in the nation's cryptocurrency market.
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The State Bank of Vietnam has announced that it is backing a plan proposed by the Vietnamese Ministry of Finance to place a suspension on the import of cryptocurrency mining equipment, according to a report by the Vietnam News on July 19.
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Vietnam Proposes Import Ban on Bitcoin Mining Equipment. Vietnam's Ministry of Finance has officially proposed that the country bans the import of cryptocurrency mining equipment. Bitcoin mining rigs are currently easily imported into Vietnam. This proposal follows the largest crypto fraud case in the country involving over 656 million and more than 32,000 victims.
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