Crypto market poised to explode as the Government inches closer to legalise digital asset exchange

An illustrative image of Bitcoin. Việt Nam has made steady and notable progress in developing institutions and a legal framework for digital assets and blockchain technology. — REUTERS/VNA Photo

Complied by Mai Linh

A wave of optimism is sweeping through the digital asset market as the Government inches closer to legalising the digital asset market which is expected to create a regulatory breakthrough that could make Việt Nam one of the leading crypto and blockchain hubs of the region.

The newly passed Law on Digital Technology Industry together with a draft framework to legalise the pilot operation of digital asset exchanges scheduled to be realised within August will mark a transformative shift for a market long operating in the…

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