Despite crypto skepticism: Vietnam its first Bitcoin-exchange

the Swiss Blockchain Company KRONN Ventures LTD. under a Memorandum of Understanding (MOU) signed with the Vietnamese Linh Thanh Group. The two companies received the license for the establishment of a crypto-exchange in the South-East Asian country. In view of the large crypto-skepticism of Vietnam in the past, this raises the question of a rethink of the government with regard to their restrictive course.

Polina Khubbeeva
On 29. March 2019BTC$4.093,53 1.70%Facebook Twitter LinkedIn xing mail

The press Agency, PR Newswire reported on September 22. March the signing of a Memorandum of Understanding (MOU) between the Vietnamese Linh Thanh Group and KRONN Ventures AG. Content of the contract is currencies the production of Crypto and the establishment of a crypto-stock exchange in Vietnam.

The Swiss crypto company and the largest distribution company in Vietnam are in the possession of a license that gives them the mandate to open a crypto exchange in the country. In addition, you will receive, however, support from the King's College of London in collaboration in the AI research.

Vietnam's sluggish crypto-adaptation

in August of 2018, Vietnam managed to place seven of the crypto-skeptical of most countries in the world. The government bans crypto-currencies and prevented the importation of Mining Hardware. A sensational case of Mining bankrupt manifested at that time, the critical attitude of the authorities. Sky-Mining-CEO Le Minh Tam sat down with $ 35 million in deposits, investigations were announced. A 658 million US-Dollar. ICO Scam a Saigon company legitimized the criminalization of the Blockchain technology.

The completed signing of the MOU was seemingly the restrictive state requirements.

KRONN plans Blockchain Deal with five Asian countries

In October 2018 built KRONN, a consortium with the financial Committee of the five Asian countries of Vietnam, Cambodia, Bangladesh, Sri Lanka and the Philippines. Whose goal is it, the Blockchain-technology networked and optimized to establish in the individual countries. Vietnam does in a nutshell is the first state in the implementation of this project.

the hope of The MOU signatories is the successful symbiosis of sales and distribution network of Linh Thanh with the professional technology of KRONN, so in the best case, a Spill-Over effect on neighbouring countries.

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