Bitcoin Management in the Digital World Era of Vietnam
Main Article Content
Abstract
Since it was launched in 2009, Bitcoin has been widely accepted as a legal method of payment. With its various advantages, Bitcoin generates either opportunities or challenges to financial and money markets. In Vietnam, Bitcoin was introduced in 2013 and a community of users was then formed and supportive platforms were developed. However, Vietnam has not put in place any legal frameworks so as to control this kind of currency effectively. Through the analysis of the benefits as well as risks of Bitcoin, and its impact on the socio-economic status, the paper proposes a number of solutions to increase the efficiency of management of Bitcoin in Vietnam.
Keywords:
Bitcoin, payment method, management, Vietnam
References
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