Viettel states that Viettel Money has no partnership with the MetaMask wallet or any other crypto venture.
Viettel denies collaborating with MetaMask wallet and crypto venture. Photo supply: VietnamNet
Recently, the cryptocurrency neighborhood launched a screenshot of a user’s MetaMask wallet, together with Viettel Money as one particular of the payment solutions, in addition to Visa and MasterCard card solutions.
The screenshots had been shared on social networks
This picture brought on a stir not only in the Vietnamese crypto neighborhood, but also spread during the international neighborhood on X (the outdated Twitter). Because this is regarded as an really surprising move for Viettel Money in individual and for Viettel in standard.
MetaMask is one particular of the market’s foremost self-custodial crypto wallets, supporting end users in transferring and acquiring a wide variety of cryptocurrencies. But due to legal restrictions on cryptocurrencies, MetaMask – and most cryptocurrency trading platforms nowadays – have issues obtaining “off-ramp” partners that help direct crypto-to-fiat conversions.
Over the many years end users have only had a handful of solutions: debit cards, Visa credit score cards, Mastercard and Apple Pay. Therefore, the rumor that MetaMask will integrate Viettel Money has obtained a good deal of interest from the domestic and foreign cryptocurrency neighborhood.
Anyway, speak to the newspaper about it Vietnamnetrepresentative of Viettel Digital Services Corporation, explained:
“Viettel Money does not work with any exchange or partner to purchase cryptocurrency. MetaMask is not even a partner of Viettel Money.”
When end users click to purchase cryptocurrencies on the MetaMask wallet, even if the Viettel Pay brand seems, the up coming techniques consider you to the Onramp.revenue platform to make a transfer to banking partners in Vietnam.
“Onramp.revenue is also not a spouse of Viettel and even if they pick to shell out through Viettel Pay, this wallet containing cryptocurrency will lead end users to shell out through a further platform.This is a process of transferring revenue among men and women, related to on-line purchases: the vendor leaves an account variety for the purchaser to transfer revenue straight.
Viettel’s side confirmed that they will get hold of MetaMask to inquire them to get rid of the brand from the web-site to prevent any unpleasant confusion.
Recently, on November six, 2023, false information and facts appeared that the Vietnamese government wished to be ready to make revenue from X and virtual currency groups, triggering a public outcry. Although it was speedily verified as fake information, the velocity at which information spreads in the latest booming era of social networks is extremely speedy. Readers need to training caution prior to accessing any information supply to prevent needless losses.
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