The authority vietnamese survey of merchants accepting the Bitcoin

The authority of vietnam announced that it would investigate the establishments accepting the Bitcoin for different payments. In spite of the warning of the government, some merchants, such as restaurants or cafés, however, continue to accept this digital currency as a means of payment.

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Recently, the vietnamese government has stated that Bitcoin is not legal tender in the country. However, some professionals still use this crypto-currency for the settlement of purchases.

An investigation against merchants accepting Bitcoin

Despite the warning of the central bank of Vietnam indicating that Bitcoin is not a legal tender, the digital currency is still used to purchase goods and services in the country, reported Vnexpress last week. This article revealed that several restaurants in Ho Chi Minh City, still accept this crypto-currency to settle the customer orders. Last October, the site has indicated that the country’s central bank had published an advertisement explaining that she had determined the legal framework for the virtual currency in the country.

Gerd Altmann, Pixabay

If the vietnamese government has not banned the Bitcoin, any sign accepting this digital currency as a means of payment will be subject to a fine of 8 800$. In 2018, the employment of means of payment is illegal can be prosecuted.

The use of Bitcoin continues in Vietnam

Four wickets Bitcoin, have been discovered in Vietnam a recent survey conducted by Infonet. All of them are located in Ho-Chi-Minh-City, and are also listed on the site follow-up BTM Coinatmradar. A machine is available inside a restaurant at the corner of Ly Tu Trong. The institution has indicated that dozens of customers are using their distributor every day to pay in Bitcoin for their purchases. The number of users of this digital currency is increasing.

According to Nguyen Viet Bach, the number of investors in the country has increased from 30 000 in 2016 to 60 000 this year.

Source : NewsBitcoin