Vietnam Begins Five-year Pilot Program for Crypto Asset Trading Market
TLDR
- Vietnam launches a five-year pilot program to test crypto asset trading.
- Only Vietnamese firms can issue and trade crypto assets in the pilot.
- The program aims to assess market viability and regulatory needs.
- Crypto transactions must be conducted in Vietnamese dong during the trial.
Vietnam has officially launched a five-year pilot program aimed at testing the viability and regulatory framework for crypto asset trading within its borders. This marks a significant step in the Southeast Asian country’s approach to the digital asset sector. The program is designed to assess both the operational and regulatory aspects of the growing crypto market in Vietnam.
The initiative, announced earlier today, will allow the…
