“Vietnam central bank has warned that gold businesses cannot launch programs to accept gold deposits from customers without permission from the central bank. The central bank said these illegal businesses can be inspected and penalized. It also ordered that commercial banks must now have SBV permission to run storage services. There is a very important clause in the decree, which stipulates that all activities other than trading gold by the businesses should be licensed by the central bank and the government, in order not to negatively affect the market.”
http://www.bullionstreet.com/news/sbv-decree-now-runs-vietnam-gold-sector/5197
(Visited 52 times, 1 visits today)
Related posts:
European Court of Justice Official Proposes Bitcoin VAT Exemption
What the Eurozone Financial Crisis Is Really About
Marc Faber's forecasts for the global economy
How The Swiss National Bank Went "All In", Three Times And Counting
Data, meet spies: The unfinished state of Web crypto
NATO: The Broken Promise Has Backfired–Ukraine
Oregon sheriff writes Biden to say he won’t enforce new gun laws
War Street Journal Declares the USA to be a Battlefield
Geithner Phone Pal Revealed: Larry Fink
When a single e-mail gives hackers full access to your network
Reality Check: President Obama’s Rules For Assassinating U.S. Citizens?
Louisiana Drug Lifer Struggles For Freedom... Someday
Why Is The IRS Scared To Give Up The Rest of Lois Lerner’s Emails?
Good Timing! Financial Times Affirms the Canadian Real-Estate Bust
Red Light Camera Case Goes To Illinois Supreme Court