Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis
When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly. Go to Source Powered by WPeMatico
Vietnam
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Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals
Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining … Read more
Crypto mining demand soars in Vietnam amid Bitcoin rally
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. Go to Source Powered by WPeMatico
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest number of people who reported owning cryptocurrency. In Terms of Crypto Ownership Vietnam, Indonesia, … Read more
Vietnam leads crypto adoption in Finder’s 27-country survey
Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas. Go to Source Powered by WPeMatico
Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain
Vietnamese news outlets have reported that the country’s prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for a digital currency. Go to Source Powered by WPeMatico
Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian country’s new e-government strategy. Cryptocurrency Highlighted in Prime Minister’s Decision Cryptocurrency is one of the … Read more
Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24 … Read more
Small countries are punching above their weight in terms of Bitcoin gains
Chainalysis tracked total U.S. dollar gains made by Bitcoin investors in 2020. The country comparison was drawn from an analysis of web traffic on various cryptocurrency exchanges. Go to Source Powered by WPeMatico
Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users According to ASEAN Briefing, the ministry seeks to gather enough data to clearly see … Read more