Israeli Bitcoin Company Opens First Vietnamese Bitcoin Exchange

“The idea to expand into Vietnam was developed over a bitcoin-purchased beer in an Israeli bar. Eli’s friend, Dominik, a German bitcoiner, understood the opportunity for bitcoin in Vietnam, as his wife is Vietnamese.  Bit2C’s stress-tested and proven technology comes at a dire time for Vietnam. The country is a quickly-expanding market, with over 80 million people suffering from the effects of inflation.  Using bitcoin saves an incredible amount on remittances; of massive importance because the Vietnamese population overseas is ‘over 4 million people, [making it] a top 10 country in the remittance market with more than 10.6 billion dollars a year in incoming transactions,’ Dominik explains.”

http://bitcoinmagazine.com/11803/bitcoin-arrives-in-vietnam/

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