Vietnam’s central bank to pilot ‘virtual currency’
Vietnam’s prime minister, Pham Minh Chinh, has instructed the country’s central bank to develop a “virtual currency” based on blockchain within the next three years.
On June 15, Chinh published a plan for the development of an “e-government” in a state document.
As part of the plan, the State Bank of Vietnam will “research, develop and pilot a virtual currency” by 2023.
The document did not provide further details of how the virtual currency will be designed or issued.
This will be the SBV
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