Bybit Technology interested in sandbox on crypto assets
Minister of Finance Nguyen Van Thang held a meeting with Ben Zhou, co-founder of Bybit Technology. on April 17 to discuss the digital asset market.
According to Minister Thang, Vietnam ranks third globally in the number of participating investors in cryptoasset trading. Underground and unofficial transactions, outside of state oversight, pose a significant risk to investors, so a robust legal framework is essential for effective regulation.
The government assigned the Ministry of Finance (MoF) to preside over and work with relevant agencies to build the legal framework for cryptoasset transactions. The MoF will submit to the government a resolution in early May to pilot the…