Fintech firms concerned about foreign ownership cap Business

Fintech firms concerned about foreign ownership cap

A draft regulation put forward by the State Bank of Vietnam (SBV) that would limit the foreign ownership rate in the payment intermediary service sector to 49 percent was discussed at a workshop in Hanoi on December 12.
Indonesia tightens bitcoin use ASEAN

Indonesia tightens bitcoin use

Indonesian authorities are investigating the use of bitcoin on the resort island of Bali after the central bank gave warnings on risks posed by virtual currencies.
SBV says bitcoin prohibited in Vietnam Business

SBV says bitcoin prohibited in Vietnam

According to the State Bank of Vietnam (SBV), the issuance, supplement and use of bitcoin and other similar virtual currencies for legal payment is prohibited in Vietnam.
CMC launches anti-malware software Sci-Tech

CMC launches anti-malware software

Vietnam-based technology corporation CMC on May 19 released its anti-data encryption software CMC CryptoShield, which offers protection from ransomware.