Notice on prohibition of financial institutions within the country conducting business related to Cryptocurrency

Bank of the Lao PDR issued a notice on the prohibition of financial institutions from doing business related to CryptoCurrency including holding, doing business or engaging in the facilitation of financial transactions related to such currencies, such as: 1. Prohibit investing or trading in cryptocurrencies for the benefit of the currency 2. Prohibit the exchange of cryptocurrencies through various channels of its services; 3. It is forbidden to set up a trading center or as a medium for customers to enter into business; 3. Customers are not allowed to use any type of card as a credit card for purchases; 4. Do not give advice or advice to customers about investing or exchanging money.