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Let Cb(X) be the space of all bounded continuous functions from a Hausdorff zero-dimentional space X to a complete non-Archimedean valued field . We study Cb(X) as a topological algebra under the strict topologies and . It is shown that each of the topologies and is locally solid and that the multiplication on Cb(X) is continuous for each of the topologies and . We also give necessary and sufficient conditions for the algebra Cb(X) to be locally m-convex under the above topologies.