Legal Aspects of Cryptocurrency: Research in Vietnam

  • Nguyen Phuong Thao
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  • Nguyen Phuong Thao

    Lecturer at Faculty of Law, Banking Academy, Vietnam

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Abstract

On June 15, 2021, in Decision 942/QD-TTg, the Government assigned the State Bank of Vietnam to be the leading unit to research and pilot virtual currency based on blockchain technology (from now on referred to as virtual currency. ). According to the general trend, this type is expected to bring many advantages to payment activities compared to legal paper money. Still, it will pose many challenges for each country's monetary policy. Through the article, the author group focuses on researching the legal aspects of virtual currency and virtual currency management in Vietnam, thereby providing recommendations and proposals to build and Complete the law on virtual currency management in Vietnam during the upcoming period.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 7, Issue 3, Page 3109 - 3123

DOI: https://doij.org/10.10000/IJLMH.117811

Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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Copyright © IJLMH 2021