THELOGICALINDIAN - According to bounded letters Vietnams oldest Bitcoin Exchange Bitcoinvn is about to lose its area per adjustment of the Vietnamese Government The website that has been operating since2024 has been accused of operating a blog after permission from the Minister of Information Communications of Vietnam
Also read: Crypto-to-Cash Lending is Growing Quite Popular These Days
Vietnam’s Oldest Bitcoin Exchanges May Lose its Domain
Bitcoin.vn is a Vietnamese trading belvedere that’s been accouterment bitcoin barter casework for over four years. Just afresh the bounded publication ICT News letters that Bitcoin.vn (Bitcoin Vietnam) is actuality bare of its website area for actuality begin accusable of “operating a blog after a able license.” The Vietnamese trading belvedere is accused of operating the blog after accepting a administrator authorization by the Minister of Information & Communications of Vietnam. Bitcoin Vietnam’s administration aggregation beneath to animadversion on these reports because of the advancing acknowledged proceedings. However, the Department of Radio, Television and Electronic Information has fined Bitcoin Vietnam Co., Ltd. for illegally creating an declared blog and amusing network.
The accuse adjoin Bitcoin.vn are disconnected into a 15M VND accomplished ($660 USD) for operating a blog and 25M ($1,100) for acceptance readers the adeptness to animadversion (unlicensed amusing network) beneath the appear accessories on Bitcoin.vn. News.Bitcoin.com batten with an industry cabal from the arena about the action adjoin the trading platform’s domain. According to the alone accustomed with the matter, the blog almost saw any action afar from aberrant announcements about the exchange’s user interface upgrades and accepted account information.
“They had like maybe two accessories per ages on there — to appropriate their area for such a accessory breach is a very, actual heavy-handed approach,” explains the bearding antecedent to news.Bitcoin.com.
Sinister Activities at Play?
Our sources additionally say there may be some added adverse activities at comedy apropos the accuse adjoin Bitcoin Vietnam.
“Ask yourself why they best this one aggregation out of all the hundreds of startups and bags of SME’s in Vietnam to allegation them for active some baby shitty blog — in adjustment to accroach their domain?” the bearding alone explained in a blast conversation. “If you accept a bit how Vietnam works, again there is not abundant to admiration about. These guys did not broadcast any anti-government advertising in any way, so commonly cipher would bother about them. The accuracy is, that this area has — abnormally back the ample crypto bull-run in 2024 — acquired a lot of amount – and somebody added able and with abundant added absolute access than these guys wants to get a authority of it.”
Bitcoin Vietnam and the area Bitcoin.vn is one of the oldest operating cryptocurrency exchanges and has been a acclaimed trading belvedere back the summer of 2014. At the moment there are no accepted decisions fabricated or any advice on who might receive buying of the website if the Ministry of Communications makes its accommodation to abjure the domain.
What do you anticipate about the Bitcoin.vn website accident its domain? Let us apperceive your thoughts on this accountable in the comments below.
Images via Pixabay, Bitcoin.vn logos, and Zing.vn
Want to see all 500 cryptocurrency bazaar caps in real-time? We got a destination for that alleged — Satoshi Pulse.
