8 months ago

Companies and residents of Vietnam stopped importing equipment for mining in accordance with the order of the Ministry of Finance of the country. The decree of the department was supported by the Central Bank of Vietnam. T

The first reports that the Ministry of Finance wants to ban the import of equipment for mining appeared in early summer. Then the agency argued that the complexity of regulating the crypto industry and frequent cases of fraud. The official ban on the import of mining equipment has been in effect since July.

According to the Ministry of Finance, over six months of 2018 more than 3,500 equipment was imported to Vietnam. Besides that, three thousand devices were bought by four mining companies. Basically, these are models of the ASIC-miner Antminer from the Chinese giant Bitmain.