Hanoi, Sept. 10 -- Deputy Prime Minister Ho Duc Phoc signed a resolution on September 9, giving the go-ahead for the five-year pilot of crypto asset trading. The document highlights Vietnam's cautious yet progressive entry into regulated cryptocurrency market, establishing strict control and protecting the legitimate rights and interests of both domestic and foreign organisations and individuals. Under the resolution, all issuance, trading, and payment activities involving digital assets must be conducted in Vietnamese dong. Only enterprises licenced by the Ministry of Finance will be allowed to organise digital asset exchanges, operate issuance platforms, or market related products. Strict compliance with laws on anti-money laundering, c...
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