Viatnam is a cryptographic money ban. Vietnam has taken a decision to ban in the first quarter of 2018. The Central Bank of Vietnam has announced that it illegally uses cryptographic currencies in the country. The central bank has announced that it will punish those who use crypto currencies in early 2018 and during the year. Bitcoin and other crypto currencies are already considered illegal, according to the new money law, which is published by the bank, which is expected to enter into force in the first quarter of 2018. However, the use of the country will be prohibited. The law also states that the only authorized payment system in the country is the methods issued or controlled by the State Bank of Vietnam. What are the Effects of Crypto Monetary Units and the Effects of the Pros? The ban issued by the State Bank of Vietnam is equivalent to turning out the highest levels of the forbidden Bitcoin currency. The new law wants to remove the effect on the use of cryptographic currencies in the country. Besides these, there will be little or no impact on the prohibition of cryptographic currencies and on those who want to use them in their transactions. The only thing the government will be doing is organizing campaigns against central companies using crypto currencies. The illegal application decision of the central bank against the cryptographic currencies seems to be very unfortunate because it initiates financial innovations. If some frauds or worries involving the use of cryptographic currencies are reversed, it is expected that this ban will be lifted in future periods. Let's see if Vietnam can make this decision ?? I think the prohibitions are attractive.😄
