#VietnamCryptoPolicy The State Bank continues to ban cryptoc | Selfishboy01 on Binance Square

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#VietnamCryptoPolicy  The State Bank continues to ban cryptocurrencies as payment methods, classifying BTC & similar coins as illegal for transactions—with fines of VND 150–200 million for violations

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$BTC BTC coin pair refers to a trading pair on a cryptocurrency exchange where Bitcoin (BTC) is used to buy or sell another asset, or vice versa. These pairs allow you to trade between BTC and another token

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$BTC Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. It's a decentralized digital currency, meaning it operates without a central authority like a bank or government. Instead, it uses blockchain technology—a public ledger where all transactions are recorded and verified by a network of computers

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#SouthKoreaCryptoPolicy South Korea is evolving into a global leader in cryptocurrency regulation, blending innovation with investor protection. In 2024, the government enacted the Virtual Asset User Protection Act (VAUPA), mandating that Virtual Asset Service Providers (VASPs) segregate user assets, store at least 80% in cold wallets, and maintain insurance or reserves to cover potential losses .

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